2011 W 242nd ST LOMITA CA MLS #SB22146299MR

2011 W 242nd ST
LOMITA, CA,
$1,524,999
2 Beds
1 Baths
1,232 SqFt
0 Acres
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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.

Property Details

Price:
$1,524,999
MLS #:
SB22146299MR
Status:
Sold ((May 1, 2023))
Beds:
2
Baths:
1
Address:
2011 W 242nd ST
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
Lomita
City:
LOMITA
Listed Date:
Jul 5, 2022
State:
CA
Finished Sq Ft:
1,232
ZIP:
90717
Year Built:
1949
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Schools

Interior

Cooling
Central
Heating
Central
Laundry
Gas Dryer Hookup, Washer Hookup

Exterior

Building Type
Detached
Common Walls
Detached/ No Common Walls
Community Features
Curbs, Gutters, Street Lights
Pool Description
None

Financial

Land Lease Type
Fee

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Jane Peters

Jane Peters

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Phone 310 351-9208

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Courtesy of Denny Jeremic at Century 21 Union Realty. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-04-16.
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2011 W 242nd ST
LOMITA, CA
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