• Asking Price $650,000
  • Estimated Value: $869,572
  • HOT 1929 257TH ST LOMITA, CA 90717

  • 2 Beds 1 Bath 1,161 SqFt
  • Single Family Home / Resale (MLS)

Property Details for 1929 257TH ST, LOMITA, CA 90717

Features

  • Price/sqft: $559
  • Lot Size: 0.1118 acres
  • Total Units: 1
  • Total Rooms: 6
  • Room List: Bedroom 1, Bedroom 2, Bathroom 1, Kitchen, Laundry, Living Room
  • Stories: 100
  • Roof Type: GABLE
  • Heating: 6
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1923
  • Property ID: 894692039
  • MLS Number: SB24114429
  • Parcel Number: 7375-020-009
  • Property Type: Single Family Home
  • County: Los Angeles
  • Legal Description: TRACT NO 4263 W 40 FT OF E 80 FT OF LOT/SEC 4
  • Zoning: LOR1*
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Welcome to Lomita, known as "The Friendly City" in the South Bay. Nestled mid-block on a charming street of single-family homes, this residence offers incredible potential for renovation and expansion. Imagine building sweat equity by personalizing the existing house and transforming it into your dream home. The property features a detached 2 car garage with an additional room, which would probably be easy to convert into an accessory dwelling unit (ADU). Additionally, a junior accessory dwelling unit (JADU) could likely be created. Live in 1 unit and rent out the others, allowing tenants to help pay down your mortgage. The generous front yard boasts Meyer lemon and banana trees, along with a low-maintenance rock garden. The stately brick walkway and flower beds lead to a charming front porch entry. Inside, the large living room spans the entire front of the home and features two ceiling fans. The sunny and spacious eat-in kitchen offers abundant oak cabinetry, neutral countertops, and a stainless steel gas range. Open the windows to let in the ocean breeze from this west-facing street, and you may occasionally hear soft church bells in the distance, adding a touch of European charm. An open hallway with laundry hookups leads out to the backyard. The full hall bathroom, with 2 access doors, provides ample space and plumbing, making it easily convertible into 2 separate bathrooms, significantly increasing the value and enjoyment of this home. Both bedrooms feature mirrored closets, and the extended rear bedroom overlooking the backyard would make a peaceful primary suite. The tranquil koi pond with a gazebo could be revived with care, adding a serene touch to the outdoor space. A long driveway with a covered patio and carport offers additional entertaining and parking options, especially if the 2 car garage is utilized for an ADU. Some upgrades have already been completed, including dual-pane vinyl windows, enhanced electrical, and a newer roof. This residence offers a remarkably private setting while being conveniently close to shopping, restaurants, parks, freeway access, and just a short jaunt to the beach. Do not miss out on this incredible opportunity to create your perfect home in the heart of Lomita!

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Bargain Price Bargain Buy - Save Over 20% The Asking Price for this home is at least 20% below the Estimated Value. Buying a home at a price below the market value can save thousands of dollars and create wealth in home equity faster.

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Property Brokerage: RE/MAX Estate Properties 1901 S. Catalina Ave Redondo Beach CA 90277
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.