Lomita Real Estate

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Lomita Real Estate & Homes for Sale in California

Also known in Spanish as the "Little Hill," Lomita began early in 1907 starting out as farming village and the abode of retired sea captains. It wasn't until 1923 when black gold was discovered here that things began to change. The city was incorporated in 1964 and the family-oriented residents stopped the large industrial and high-rise businesses from taking their "village." Though less than a 30-minute drive from the bustle of the metropolitan area of Los Angeles, family is still Lomita's trademark. The community’s approximate 20,000 residents spiritedly partake of the city’s many family and community events, including Western Family Fun Night and Lomita Founder’s Day Fair. Industries that provide employment in Lomita include educational, health and social services, manufacturing, retail trade, and professional, scientific, management, administrative, and waste management services. Students in grades K-12 are served by schools of the Los Angeles Unified School District. Several colleges and universities are in close proximity – including the University of Southern California – for those who wish to attain a degree in higher education. The Lomita Parks and Recreation Department offers abounding recreational programs and activities for residents, including cultural dance programs – with belly dancing, Polynesian dancing, ballet, jazz, tap and Mexican folklorico dancing – youth and adult individual sports programs, youth and adult cultural programs and youth and adult team sport programs, all with long lists of options, from ice skating to yoga. Real estate options in Lomita consist of single-family detached homes, estate properties, condominiums and townhouses.

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Price Range of Lomita Houses

The real estate market in Lomita offers primarily single-family detached homes. Single-family detached homes start in the mid-$400,000s and range up to the high $1,000,000s for large estate properties. Condominiums and townhouses are priced in the high $300,000s.

Looking to a buy home? View currently listed homes in Lomita California. See market trends of Lomita real estate market including average home prices, property values, townhomes, condominiums and other property types in Lomita NY area . Interested in bank owned or foreclosure properties? Access foreclosures, bank owned properties, short sales and more real estate in Lomita California.

Lomita Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $733,071 compared to $733,071 the previous week, to remain steady with no change in listing price.  For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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