$735,000
$750,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
2016 248th ST Lomita, CA 90717
3 Beds
2 Baths
1,680 SqFt
Key Details
Sold Price $735,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $437
MLS Listing ID SB21245504
Sold Date 01/26/22
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1925
Lot Size 4,883 Sqft
Property Description
Bring your hammer, paint brush and cash-in. There is a huge value added opportunity in this classic 1920’s built Lomita duplex. Well located in a high demand rental area close to transit, these units will rarely be vacant and earn top dollar rents. With Ample sized units and ample lot, they should provide a steady income stream year after year. These units will rarely be vacant and will earn top dollar rents. This property needs some work and is a bit of a fixer. The First unit) 2 bedrooms (tandem) & 1 bath. Second unit) 1 bedroom and 1 bath. This property is desirable for both an owner occupied or as an investment rental property. There are some cool features about this craftsman style Duplex. It has many original doors and moldings, side by side porches with pillars, and that cool 1920's vibe. In the back yard there is a nice size Avocado tree, Fig tree and what looks like a LoQuat tree in a good size back yard with a patio off the back doors of both units.
Location
State CA
County Los Angeles
Area 121 - Lomita
Zoning LOR1*
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down
Cooling None
Fireplaces Type None
Fireplace No
Laundry Laundry Closet
Exterior
Pool None
Community Features Curbs
View Y/N No
View None
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard, Garden
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 7376021026
Acceptable Financing Conventional, Contract, FHA, Submit, VA Loan
Listing Terms Conventional, Contract, FHA, Submit, VA Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Gerard Bisignano • Vista Sotheby’s International Realty