$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 creted. 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 vast 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 an d 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 in 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.