2011 W 242nd Street Lomita, 90717

Bedrooms:
2
Bathrooms:
1
Square Feet:
1,232 sqft
Price $1,524,999 .00
Approx /month
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Sale Price:
$1,524,999
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
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Virtual Tour of 2011 W 242nd Street , Lomita 90717

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 ADUs. 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.

General Information

Listing Attribution:
Century 21 Union Realty
Listing Agent:
Denny Jeremic
CalBRE#:
01471647
Price:
$1,524,999
Status:
Active
Listing Updated:
10/8/2022
List Date:
7/5/2022
Close Date
Square Feet:
1,232
Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1.00
Year Built:
1949
City:
Lomita
Zip:
90717
County:
Los Angeles
MLS ID:
SB22146299
Buyer Agency Compensation:
2.000%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
All Bedrooms Down
Exterior Features:
Appliances:
Flooring:
Laundry:
Washer Hookup, Gas Dryer Hookup
Architectural Style:
Levels:
One
Fireplace Features:
Living Room
Cooling:
Central Air
Heating:
Central
Utilities:
Pool Type Features:
None
Spa Features:
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
121 - Lomita

Lot Information

Lot Size (sq feet):
18,376

Location Information

Directions:
On the corner of Eshelman ave and 242nd st.