- 3 BR
- 2 BA
- 1,080 SqFt.
- 5,357 Lot
- $1,029,000
- Active
- DOM: 23
Located in the great city of Lomita, this 2 bedroom 1-1/2 bath home (1/2 bath located in garage) on a large corner lot with two street frontages, is perfect for a developer looking for their next project, or someone who is looking for a lot of space to store all their toys. Per city of Lomita Planning Department, the property can be split into 4 separate lots. The owner began the lot split process, and currently has a completed survey and tentative parcel map to split the lot into three separate parcels, which would potentially allow you to build 3 houses, and 3 ADU’s. But with the updated rules, the city of Lomita now only requires 30 feet of street frontage per lot, so being able to split this property into 4 separate lots is now possible. Please inquire with the city of Lomita for further information. Some of the upgrades the owner has done to the house include central AC and Heat, dual glazed windows throughout, and a new 200 amp electric main panel upgrade. A short walk to a lot of great restaurants, shops and parks, and centrally located, not far from the beach and freeways, truly add to the desirability of this property. Owner is willing to provide up to 50% financing for a max 5 year term at a 6.5% interest rate in order to get the deal done. Property is being sold for lot value only.
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
2011 W 242nd Street, Lomita, CA (MLS® #SB22146299)
Date | Details | Price | Change |
---|---|---|---|
Closed | $1,524,999 | – | |
Pending | – | – | |
Active Under Contract | – | – | |
Active | – | – | |
Active Under Contract (from Active) | – | – | |
Show More (3) | |||
Price Reduced (from $1,525,000) | $1,524,999 | $1 (0.00%) | |
Price Reduced | $1,525,000 | $25,000 (1.61%) | |
First Day Active | $1,550,000 | – |
Quick Summary of 2011 W 242nd Street: This 2 Bedroom/1 Bathroom home in Lomita is priced at $1,524,999 ($1,238/PSF) . The 1,232 sqft. Single Family Residence residence was originally built in 1949 and was listed on July 5th, 2022 at $1,550,000, showing 189 Days on Market currently. Contact Dave Fratello today for more information or to go see 2011 W 242nd Street.
Based on information from California Regional Multiple Listing Service, Inc. as of April 24th, 2024 at 3:45pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.