2061 240th Street $1,100,000


    2061 240th Street Lomita, CA 90717

    Active Under Contract
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    • 4 Beds
    • 1 Baths
    • 1,410 sq. ft.
    • Single-Family
    • MLS# PW21011503
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    Views: 74 Days On Market: 41

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    Property Details

    Description Tours

    A Unique Opportunity to own one of the largest remaining lots in The City of Lomita. This Home and almost full half acre lot has not been on the market in almost 80 years. The home has hardwood floors and classic details of true craftsmanship. There is a newer roof and the home will need some general TLC. The original home is perfect to live in while you plan to build your Dream Estate. The Sky is the limit for a multigenerational home which per the City will allow for your Dream Estate to be up to 50% the size of the lot along with a Junior ADU, a 1200 sq ft Accessory Dwelling Unit (ADU) and up to a 750 sq ft garage (Buyers need to verify). The opportunities are limitless and you will be in the company of other multimillion dollar homes which have built large estates with grand pools, Large RV Garages for toys, collectible cars, or motorcycle collections....the possibilities are endless. This is an absolutely perfect location for you and your family to grow for years to follow and since it is Zoned Agricultural (LOA1), you could have Animals like a horse and grow your own organic garden. You are also walking distance to shops, restaurants and a short drive to the beaches and freeways. THIS IS DEFINITELY THE PLACE YOU WILL BUILD MEMORIES!

    • General Features
      • Association Fee 0.00
      • Community Features Curbs,Sidewalks
      • County Or Parish Los Angeles
      • Number Of Units Total 1
      • Property Condition Fixer
      • Year Built 1938
    • Building Features
      • Cooling None
      • Fireplace Features None
      • Foundation Details Pillar/Post/Pier
      • Full Bathrooms 1
      • Bedrooms Total 4
      • Heating Floor Furnace
      • Laundry Features In Garage,See Remarks
      • Levels One
      • Living Area 1410.00
      • Roof Composition
    • Property Features
      • Fencing Block
      • Lot Features 0-1 Unit/Acre,Agricultural,Lot 10000-19999 Sqft,Value In Land
      • Lot Size Acres 0.45
      • View None
      • Parking Total 2.00
      • Pool Private Y/N 0
      • Pool Features None


    Matt  Cox

    Matt Cox

    Global Real Estate Advisor

    DRE# 02076282


    Mobile Phone: 903-815-3088


    90717 (Lomita) Demographics

    40 Median Age
    10,938 Population Density (per sq. mile)
    37% College Educated
    $59,791 Estimated Median Income
    3,739 Estimated Total Home Owners
    4,720 Estimated Total Renters
    44% / 56% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    21,658 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $723,500 Median Sales Price
    14 Homes Sold
    16 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,100,000
        2/2/2021 9:17:55 AM Status Changed Source New Value: Active Under Contract
        1/18/2021 9:05:00 PM New in Database Source New Value: $1,100,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 2/28/2021 4:23:10 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.