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Preforeclosure Homes in Lomita, CA

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Living in Lomita, CA

Lomita, California, is a delightful suburb that provides a comfortable and peaceful lifestyle within the bustling greater Los Angeles area. With its family-oriented environment, excellent schools, and convenient access to urban amenities, Lomita is perfect for both families and investors. Residents enjoy an array of parks and recreational activities, making it an ideal setting for outdoor enthusiasts.

Current Market Conditions in Lomita, CA

The current real estate market in Lomita is competitive, with rising demand for single-family homes due to its desirable location and community-oriented lifestyle. Prices have seen a steady increase as more families seek to settle in this inviting suburb, which offers both comfort and convenience.

Investors can benefit from the growth potential in Lomita, as the area continues to attract new residents and businesses, leading to an anticipated appreciation in property values over time. This trend is supported by ongoing developments in the surrounding areas, enhancing the overall appeal of the city.

Home Value Estimator For Lomita, CA

There are currently 4,931 real estate properties in Lomita, CA, with a median automated valuation model (AVM) price of $961,922.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lomita, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lomita, CA, is $1,055,764.00, with the most expensive house in Lomita, CA, topping out at $24,332,092.00 and the cheapest home in Lomita, CA, clocking in at $100,555.00. In other words, there’s something for every potential homebuyer or savvy investor in Lomita, CA!

Rent Prices In Lomita, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lomita, CA, is on a rollercoaster ride. The average rent price in Lomita, CA, is $2,872.00. Indeed, when looking to rent in Lomita, CA, you can expect to pay as little as $1,800.00 or as much as $5,300.00, with the average rent median estimated to be $2,910.00. The good news is that finding an affordable and desirable property to rent in Lomita, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lomita, CA Preforeclosure Homes


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