ActiveSingleFamilyResidence

25212 Walnut Street

Lomita, CA, 90717

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$698,000

MLS: SB26081318

Beds

2

Baths

1

Sq Ft

826

Lot

0.09 ac

Year Built

1953

MLS #

SB26081318

Days on Market

1

Listed

Apr 17, 2026

Description

Exceptional opportunity to secure a value-add property in a desirable South Bay neighborhood at a great value! Situated on a 4,200 sq ft lot in Lomita, this 2-bedroom, 1-bath single-family home presents a prime chance for redevelopment, renovation, or building your dream home from the ground up. With strong upside potential, this is an ideal project for investors, builders, or buyers looking to create long-term value in a sought-after coastal-adjacent community. Located in a quiet residential pocket, the property offers convenient access to the best of the South Bay — just minutes from Torrance, Redondo Beach, and the Palos Verdes Peninsula. Enjoy close proximity to local parks, shopping centers, dining, and major commuter routes, all while being a short drive to the beach. Opportunities like this — combining location, lot potential, and affordability — are increasingly rare in the South Bay. Bring your vision and unlock the full potential of this property.

Location

Lomita, Los Angeles County, CA 90717

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Listed by: Joseph Royds · Redfin Corporation

Payment estimate

$5,149

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $69,800 · Loan: $628,200

%
Principal & Interest
$3,860
Property tax (1.25%)
$727
Homeowners insurance
$300
Mortgage insurance
$262
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Lomita home with as little as 3.5% down using an FHA loan — roughly $24,430 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Lomita, CA 90717 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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