8 months on rocket

2352 Lomita, Lomita, CA, 90717

$8,000,000

1.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #PW24065579
Lot Size1.10 Acres
StatusActive

About 2352 Lomita

Attention Developers!! 1.1acre land is on Lomita Blvd., in the city of Lomita with approximately 290 feet of frontage. Zoning LOCG or mixed use (check with the city). This property is ideal for development. This land is about1.1 acres and currently has 8-unit apartment (4 units of which are vacant), and a retail lawn mower shop with an adjoining X-space parking lot. The existing buildings can be rented for income as-is,or redevelopment. This may be great opportunity to develop both commercial and residential projects. It is close to Torrance Municipal Airport, Crossroad Shopping Center and Torrance Memorial Medical Hospital. There are 5 APN#s, 7376-011-007,008,018,019,032. Currently, there is $7,170 rental income from apartment. Lawn mower shop would be vacated at the end of escrow.

Property Details

Property Features

Listing Office:

  • Office Name: Bow Tie Realty & Investment
  • Office Phone: (310) 381-9905
  • Listing Agent: Jong Lee

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 1.10 Acres

Other

Directions Information:

  • Directions: South of Lomita Blvd and East of Pennsylvania Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,000,000
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Housing Market Comparison

See how this home compares to others in Lomita, CA.

Med. Sold Price

$857K

Med. Price/SqFt

$549

Avg. Days On Market

44

# of Sold Homes

7

2352 Lomita vs Lomita

261 DAYS ON ROCKET

+217 Days

$8,000,000

+$7.1M More

KEY TAKEAWAY

This property is $7.1M more than the Median Sold Price in Lomita, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24065579

Listing Office:

  • Office Name: Bow Tie Realty & Investment
  • Office Phone: (310) 381-9905
  • Listing Agent: Jong Lee

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$39.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-779157
8
/10
  • Lomita STEAM Magnet

  • 2211 247th St

  • 0.29 miles

  • Public Magnet Grades KG-KG

school-card-donut-779158
6
/10
  • John Adams Elementary School

  • 2121 W 238th St

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-779159
9
/10
  • Howard Wood Elementary School

  • 2250 W 235th St

  • 0.61 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,263. Residents of Lomita, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2352 Lomita

What is the listing price of this property?

The listing price of 2352 Lomita property is $8,000,000.

What type of property is this?

The property 2352 Lomita is land located in Lomita, California, 90717.

Is this property for sale now?

Active Listing: 2352 Lomita is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2352 Lomita is 1.10 acres.
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Rocket HomesCaliforniaLos Angeles CountyLomita907172352 Lomita

This home is located at 2352 Lomita in Lomita, CA and zip code 90717 in the South Bay neighborhood. This home sits on a 1.10 acre lot. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $8,000,000.

Lomita, CA housing market in November 2024 saw over 3 listings sold above listed price, more than 2 sold at listed price and over 2 sold below. The inventory of homes for sale in Lomita, CA between October 2024 and November 2024 decreased by 29.2%. The median list price of listings available in November 2024 was $857,000, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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