RealKey
‪(213) 433-7766‬

1801 257th Street, Lomita, California 90717, Lomita, 90717 - bed, bath

1801 257th Street, Lomita, California 90717 home-pic-0
ACTIVE$1,395,000
1801 257th Street, Lomita, California 90717
0Bed
0Bath
3,608Sqft
9,906Lot
Year Built
1921
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
SB25151330
Home ConditionFair
Features
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(88th), sqft - 3608(63th), beds - undefined(50th), baths - undefined(50th).

Unique income opportunity with FOUR REVENUE STREAMS and RECENT UPGRADES! Four units: built in 1921 single-family residence (2 BR/1 bath) AND built in 1980 two townhouses (2/1.5) and an apartment (2/1). Amazing location on a quiet street near the 110 and PCH. Equidistant from the water in three directions and the 405 in the other! Excellent privacy with window separation from neighbors. Newer laminated flooring throughout (except for retaining the hardwood floors in the single-family living room). Long list of major improvements include two new bathtubs with shower doors and tile walls, all three water heaters on the property, two dishwashers and one furnace. Plus-level elementary school and high school are less than a mile away. Great access to everything you need--shops, restaurants and an array of financial and medical facilities! There is truly great convenience here in an updated, multi-faceted package!

Price History

Date
Event
Price
07/17/25
Listing
$1,395,000
08/12/13
Sold
$700,000
Condition Rating
Fair
The property, comprising units built in 1921 and 1980, shows a mix of age and recent functional updates. While the description notes 'recent upgrades' including newer laminated flooring, new bathtubs, water heaters, dishwashers, and a furnace, the visual evidence from the images indicates that the kitchens and some living areas (e.g., popcorn ceiling in the 1921 unit) retain a dated aesthetic. The kitchens feature older-style cabinets and countertops, suggesting that while major systems and some fixtures have been updated for functionality, a full aesthetic renovation has not occurred. The property is maintained and functional, but its overall style and some components show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Multiple Revenue Streams: The property offers a unique income opportunity with four distinct revenue streams (SFR, two townhouses, and an apartment), making it highly attractive for investors seeking diversified rental income.
Recent Capital Improvements: A 'long list of major improvements' including newer laminated flooring, two new bathtubs, all three water heaters, two dishwashers, and one furnace, significantly reduces immediate capital expenditure for a new owner.
Strategic & Convenient Location: Located on a quiet street with excellent access to major freeways (110, PCH, 405), essential amenities (shops, restaurants, financial/medical facilities), and highly-rated schools, enhancing tenant appeal and property value.
Tenant Privacy: The property boasts 'excellent privacy with window separation from neighbors,' a valuable feature for multi-unit properties that contributes to tenant satisfaction and retention.
Generous Lot Size: With a substantial lot size of 9906 sqft, the property offers ample space, potentially allowing for future expansion, additional amenities, or enhanced outdoor living for tenants.

Cons

Age of Primary Structure: The single-family residence, built in 1921, is over a century old, which may present challenges with older infrastructure, higher insurance premiums, or unforeseen maintenance issues despite recent upgrades.
Disparate Unit Construction Dates: The property comprises units built in 1921 and 1980, leading to potential inconsistencies in building codes, materials, and maintenance requirements across the different units, which could complicate management.
Absence of Mentioned Cooling System: While a furnace is noted, the description does not mention any air conditioning, which could be a significant drawback for tenant comfort and marketability, especially in warmer months in California.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state