Price Reduction
Address
2011 W 242nd Street, Lomita, CA
Price
$ 1,524,999
Property Attributes
  • MLS#SB22146299
  • TypeContingent
  • CountyLOS ANGELES
  • CityLomita
  • AreaLomita
  • Zip90717
  • StyleSingle Family Residence
  • Price$ 1,524,999
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1232
  • Lot Size0.421855 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

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.

Price History
7/5/2022 Listed $1,550,000
8/18/2022 2% - $1,525,000
9/3/2022 1% - $1,524,999

General Features

Community Features Curbs, Gutter(s), Street Lights
Cooling Central Air
Finance Cash, Conventional, Contract
Garage Spaces, Detached Garage 1
Garage Y/N Yes
Heating Central
High School District Los Angeles Unified
Interior Features All Bedrooms Down
Levels One
Listing Agent Denny Jeremic - BRE#01471647
Listing Agent State License 01471647
Lot Size Square Feet 18376
MLS Area 121 - Lomita
Pool Features None
Property Sub Type Additional Single Family Residence
Property SubType Single Family Residence
Property Type Residential
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active Under Contract
Stories 1
Structure Type House
Total Units 1
View None
Zoning LOA1*

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features Living Room
Fireplace Y/N Yes
Full Baths 1
Heating Y/N Yes
Laundry Features Washer Hookup, Gas Dryer Hookup
Main Level Bathrooms 1
Main Level Bedrooms 2
Total Baths 1
Total Bedrooms 2

Exterior Features

Living Area 1232
Lot Size Acres 0.4219
Lot Size Area 18376
Lot Size Source Assessor
Lot Size Units Square Feet
Total Parking 1
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bedroom
Kitchen
Living Room

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 90717

Price
AVG $1.1M
$1.52M
Visits
AVG 103
380
Year Built
AVG 1951
1949
Walkscore
AVG 69
72
Data Provided by Walkscore ® not using MLS data

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