1
Map
$660,000
●
House -
Off Market
1724 247th Place
Lomita, CA 90717
3 Beds
2 Baths
1,399 Ft²
$929,507
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Welcome to this charming 3 bedroom 2 bathroom home on a quiet
street in the City of Lomita. 1,399 sq. ft on a 6,123 sq. ft. lot.
This home features upgraded flooring throughout, large kitchen with
breakfast area, bonus room, side patio area with pathway to a large
fenced backyard. Over-sized 1 car garage with extra storage and
workbench. The bonus room is off the living room and is equipped
with a mid-century modern fireplace for those cooler evenings.
Spacious kitchen has abundance of cabinets and counter space.
Master bedroom offers an en-suite bathroom with updated vanity and
walk in shower. Hallway bath has shower/tub combo with updated
vanity and toilet. Close to schools, shopping, Ken Malloy Regional
Park and the 110 Freeway.
Unit Size
1,399 Ft²
Days on Market
70 days
Land Size
0.14 acres
Price per sqft
$465
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #PW20004696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2020 | Sold | ||
| Sold | |||
| Jan 8, 2020 | Listed by Dunfee Real Estate Services | $650,000 | |
| Listed by Dunfee Real Estate Services | |||
| Jan 6, 2020 | No longer available | - | |
| No longer available | |||
| Oct 14, 2019 | Price Decreased |
$650,000
↓ $30K
(4.4%) | |
| Price Decreased | |||
| Sep 26, 2019 | Listed by Engel & Volkers Long Beach | $679,900 | |
| Listed by Engel & Volkers Long Beach | |||
| | |||
|
Welcome to this charming 3 bedroom 2 bathroom home on a quiet street in the City of Lomita. 1,399 sq. ft on a 6,123 sq. ft. lot. This home features upgraded flooring throughout, large kitchen with breakfast area, bonus room, side patio area with pathway to a large fenced backyard. Oversized 1 car garage with extra storage and workbench. The bonus room is off the living room and is equipped with a mid-century modern fireplace for those cooler evenings. Spacious kitchen has abundance of cabinets and counter space. Master bedroom offers an en-suite bathroom with updated vanity and walk in shower. Hallway bath has shower/tub combo with updated vanity and toilet. Close to schools, shopping, Ken Malloy Regional Park and the 110 Freeway. The manager has listed the unit size as 1399 square feet.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Mike Dunfee, Dunfee Real Estate Services
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20004696
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20004696
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