2011 W 242ND STREET, LOMITA CA 90717

  • 2 beds
  • 1.00 baths
  • 1,232 sq.ft.
  • 18,376 sq.ft. lot
offered at $1,524,999
Status: Active // Property Type: Single Family Residence
County: Los Angeles // Year Built: 1949

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.

Listing Courtesy of Denny Jeremic, Century 21 Union Realty

Interior Features

Heating: Central

Exterior Features

Exterior Features: Curbs, Gutters, Street Lights
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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