$650,000 Price Analysis 1929 257th StLomita, CA 90717 2 bed 1 bath 1,161 SqFt ($559/SqFt) 4,870SqFt lot. Built 1923 Listed 2024-06-26, Taxes $7,970 | Ⓧ USDA Ineligible due to location near 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 big 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 a short jaunt to the beach. Do not miss out on this incredible opportunity to create your perfect home n the heart of Lomita!
Presented by Gabrielle Herendeen at
RE MAX Estate Properties.
Property MLS #SB24114429 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $123,241 + $123,835 $247,076 | $7,970 |
2021 | $120,825 + $121,407 $242,232 | $7,932 |
2020 | $119,587 + $120,163 $239,750 | $7,954 |
2019 | $117,243 + $117,807 $235,050 | $7,831 |
2018 | $114,945 + $115,498 $230,443 | $5,241 |
2017 | $112,692 + $113,234 $225,926 | $3,015 |
2016 | $110,483 + $111,014 $221,497 | $2,936 |
2015 | $108,824 + $109,347 $218,171 | $2,888 |
2014 | $106,693 + $107,206 $213,899 | $2,890 |
2013 | $106,211 + $106,722 $212,933 | $2,870 |
2012 | $104,129 + $104,630 $208,759 | $2,882 |
2010 | $102,088 + $102,579 $204,667 | $2,807 |
2009 | $101,567 + $102,055 $203,622 | $2,689 |
2009 | $101,326 + $101,813 $203,139 | $2,689 |
2008 | $99,576 + $100,054 $199,630 | $2,572 |
2007 | $97,624 + $98,093 $195,717 | $2,478 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.