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Five-Unit Apartment Building
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2232-2236 ½ West 248th Street, Lomita, CA 90717

Non-rent-controlled property with garage parking at every unit and select private patios.

Property Size4,930 SF
Lot Size0.46 Acres
Days on Market145

Property Features for 2232-2236 ½ West 248th Street

General Information

Standard status Active
Size 4,930 SF
Lot size 0.46 Acres
Property subtype Multifamily

Units

Unit Mix 1 x 3BR/1BA, 4 x 2BR/1BA
Multifamily Units 5

Additional Details

Highway Access Yes

Amenities

private patios

Building Details

Buildings 5
Listing Agency: Shield Commercial Real Estate
Listed By: Jonathan Nikfarjam · License #CA 01856803
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 2:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shield Commercial Real Estate

Investment Insights

Based on property information with market context.

This five-unit multifamily property in Lomita, California, contains 4,930 square feet on a 19,883-square-foot lot. The unit mix includes one three-bedroom, one-bath residence and four two-bedroom, one-bath residences. Each unit has garage parking, while select residences include private patios. The property is non-rent controlled.

The location provides access to retail, office, dining, and grocery options along Lomita Boulevard and Crenshaw Boulevard. Torrance Crossroads and Rolling Hills Plaza are nearby, with Palos Verdes and Torrance Beach also within close reach. Pacific Coast Highway and the 110 Freeway connect the property with surrounding employment centers, including American Honda, Honeywell, SpaceX, Northrop Grumman, Raytheon, Los Angeles International Airport, and the StubHub Center.

Key Highlights

  • 4,930‑square‑foot multifamily property on a 19,883‑square‑foot lot
  • Five‑unit mix: one 3‑bedroom/1‑bath unit and four 2‑bedroom/1‑bath units
  • Garage parking is provided for every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Travel Agency (Bike/Boat/Book/etc) Store Electrical Service Catering Service Fish Market Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,662
Businesses Nearby

Demographics for 90717, CA

22,044
Population
8,199
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,022
Density / Sq Mi
$92,984
Median Household Income
$48,740
Median Earnings
$1,874
Median Rent
$793,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Non-rent-controlled property with garage parking at every unit and select private patios.
Where is this apartment building located?
The property is located at 2232-2236 ½ West 248th Street Lomita, CA.
What are key features of this property?
This property features: 4,930‑square‑foot multifamily property on a 19,883‑square‑foot lot; Five‑unit mix: one 3‑bedroom/1‑bath unit and four 2‑bedroom/1‑bath units; Garage parking is provided for every unit
(310) 880-6807 Call to check price and availability
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