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Triplex with Driveway Parking

2419 248th, Lomita, CA 90717

For Sale
New
$1,100,000

Lomita, CA

Property Size2,744 SF
Lot Size0.18 Acres
Price / SF$400.87
Days on Market1

Property Features for 2419 248th

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Laundry Room, Bedroom 3
Parking features Driveway
Lot features 0-1 Unit/ Acre
Directions South of Lomita Blvd
Subdivision 121 - Lomita
Standard status Active
APN 7376004005
Lot size 0.18 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1948
Floors in Building 1
Number of units 3
Listing Agency: PAK Home Realty
Listed By: Adrian Cafuentes · License CA #01801444
Added: Nov 10 Last Checked: Nov 10 at 8:06PM
MLS# RS26241098

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1948 triplex contains three residences, each configured with two bedrooms and one bathroom. Combined, the units provide 2,744 square feet of building area on a 7,640-square-foot parcel. Driveway parking is available, and the property is served by public water and sewer.

The Lomita property is described as minutes from Old Torrance and Del Amo Fashion Center, with access to the 110 and 405 freeways and the Palos Verdes Peninsula.

Key Highlights

  • Three units, each with 2 bedrooms and 1 bathroom
  • 2,744 square feet of total building area
  • 7,640‑square‑foot lot (0.1754 acres)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,920
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,400 $958.4K
Cap Rate 7%
$684,571 $684.6K
Cap Rate 9%
$532,444 $532.4K
Market Conditions
NOI Build-Up for 2,744 SF
Gross rent
$74.1K $27.00/SF
− Vacancy
−$5.6K −$2.05/SF
EGI
$68.5K $24.95/SF
− OpEx
−$20.5K −$7.48/SF
NOI
$47.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,400
Cap Rate 7%
$684,571
Cap Rate 9%
$532,444

Alternative Uses

Best Use
Multifamily LT 5
$684.6K
$599.0K – $798.7K (±1% cap)
NOI $47,920 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$630.8K
$551.9K – $735.9K (±1% cap)
NOI $44,153 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$1.47M
$1.29M – $1.71M (±1% cap)
NOI $102,839 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,979
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Los Angeles County, CA

$496 Jul
$537 Aug
$546 Sep
$540 Oct

Properties on Market for Triplexes in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residences each offer two bedrooms and one bathroom, with driveway parking on site.
Where is this triplex located?
The property is located at 2419 248th Lomita, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 bathroom; 2,744 square feet of total building area; 7,640‑square‑foot lot (0.1754 acres)
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