Lomita, CA 90717,2016 248th Street
Lomita, CA 90717,2016 248th Street
Lomita, CA 90717,2016 248th Street
$735,000
Est. payment /mo
$750,000
2.0%
Est.Price: ?

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3 Beds
2 Baths
4,883 Sqft Lot
SOLD DATE : 01/26/2022

Key Details

Sold Price $735,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB21245456

Sold Date 01/26/22

Bedrooms 3

HOA Y/N No

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 1920s 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.
Bring your hammer, paint brush and cash-in. There is a huge value added opportunity in this classic 1920s 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 Lomita (90717)

Zoning Assessor

Building

Lot Description Sidewalks

Lot Size Range 4000-7499 SF

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Keith Brabec • Century 21 Union Realty
Bought with Gerard Bisignano • Vista Sothebys International Realty
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