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$1,300,000
$1,450,000 10.3%
Est. payment /mo
0.3 Acres Lot
Sold on 06/04/2025
2453 253rd ST Lomita, CA 90717
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Key Details
Sold Price $1,300,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25056288
Year Built 1955
Lot Size 0.300 Acres
Property Sub-Type Apartment
Property Description
Situated on one of the largest lots in this horse stable-compatible section of Lomita—nearly double the size of most lots in the area—this property offers incredible possibilities. Whether you're looking to build horse stables, park RVs, construct a third private home, or create your own private outdoor haven, this expansive lot provides the perfect canvas to bring your vision to life.
This beautifully updated duplex, originally built in 1955, includes two detached homes, a garage, and ample parking, making it ideal for family living, rental income, or investment. The front house is a remodeled 3-bedroom, 2-bath unit with an attached granny suite, and is in the process of becoming vacant for new owners. The rear house is a renovated 3-bedroom, 1-bath home, offering additional living space and income potential.
Recent upgrades reflect the pride of ownership and include a new roof, fresh exterior paint, new windows, and a concrete driveway. The property sits on a generous 13,056 sqft lot with room for expansion, including the potential to add a detached ADU (Accessory Dwelling Unit).
In addition to the rental income, the property generates an extra $780/month from month-to-month parking leases, providing an immediate income stream. Located on a quiet residential cul-de-sac, the property is conveniently close to Costco, Sam's Club, Vons, Home Depot, In-N-Out, and South End Racquet Club, offering a variety of amenities and easy accessibility. Additionally, there is no local rent control under AB-1482, providing flexibility for rental income.
Whether you're seeking multi-generational living, rental income, or a value-add investment opportunity, this property offers outstanding potential in a highly desirable area.
This beautifully updated duplex, originally built in 1955, includes two detached homes, a garage, and ample parking, making it ideal for family living, rental income, or investment. The front house is a remodeled 3-bedroom, 2-bath unit with an attached granny suite, and is in the process of becoming vacant for new owners. The rear house is a renovated 3-bedroom, 1-bath home, offering additional living space and income potential.
Recent upgrades reflect the pride of ownership and include a new roof, fresh exterior paint, new windows, and a concrete driveway. The property sits on a generous 13,056 sqft lot with room for expansion, including the potential to add a detached ADU (Accessory Dwelling Unit).
In addition to the rental income, the property generates an extra $780/month from month-to-month parking leases, providing an immediate income stream. Located on a quiet residential cul-de-sac, the property is conveniently close to Costco, Sam's Club, Vons, Home Depot, In-N-Out, and South End Racquet Club, offering a variety of amenities and easy accessibility. Additionally, there is no local rent control under AB-1482, providing flexibility for rental income.
Whether you're seeking multi-generational living, rental income, or a value-add investment opportunity, this property offers outstanding potential in a highly desirable area.
Location
State CA
County Los Angeles
Area 121 - Lomita
Zoning LOA1*
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Wood
Fireplaces Type None
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Outside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Ryan Versfelt • Lyon Stahl Investment Real Estate, Inc.
Bought with Ryan Versfelt • Lyon Stahl Investment Real Estate, Inc.
Bought with Ryan Versfelt • Lyon Stahl Investment Real Estate, Inc.