Lomita FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Lomita, California.

Total: 3
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
18 Photos
247TH PL Lomita CA 90717 Foreclosures 3 2 $425,000.00 Details
2
25 Photos
FEIJOA AVE Lomita CA 90717 Foreclosures 2 1 $283,000.00 Details
3
3 Photos
PENNSYLVANIA AVE Lomita CA 90717 Foreclosures 5 4 - Details
About our Listings

How to Buy Lomita Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Lomita, CA starts with finding listings. By browsing Lomita foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Lomita, CA.

>> See more info about how to Buy foreclosures

How to Invest in Lomita Foreclosures

How to invest foreclosure

Lomita foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Lomita real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Lomita foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Lomita foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Lomita

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Lomita will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Lomita, CA. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Lomita apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

California Foreclosure Laws

Foreclosure law

California real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Lomita have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Lomita REO properties.

Lomita Banks Foreclosures

Bank Foreclosure

Lomita bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Lomita, CA are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Lomita bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Lomita California to be similar to buying from an agent. Check our Lomita bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Lomita Government Foreclosures

Government Foreclosure

Lomita Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Lomita CA are another popular type of foreclosure, as are VA foreclosures in Lomita, which are available from the Veterans Affairs Department for especially great deals. Check our Lomita government foreclosure listings.

>> See more info about govermment foreclosures

Lomita Pre-Foreclosures

Foreclosure

PreForeclosures in Lomita are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Lomita Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Lomita Foreclosure Auctions

Foreclosure Auction

Most Lomita foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Lomita, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Lomita, CA. We offer a comprehensive Lomita foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Lomita, California

Find Home Foreclosure Listings in Lomita, CA

Lomita foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Lomita, CA and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Lomita California, best affordable foreclosure condo in Lomita, cheap apartments for sale, bargain foreclosed homes for sale in Lomita, CA and earn huge savings on the homes YOU want to buy!

Our Lomita Foreclosure Lists

You can find Lomita foreclosure homes for sale which you can buy for living or investment. Simply click through our Lomita foreclosure home listings to find government foreclosures and bank owned homes in Lomita area. If you're searching for a deep discount or low prices on real estate then searching our Lomita foreclosure lists for homes foreclosure for sale or short sale listing in Lomita is your answer. Our up-to-date Lomita short sale listings provide the latest investing opportunities on affordable Lomita bank owned property listings, government pre foreclosure lists, Lomita banrkuptcy homes and Lomita HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Lomita, you should have little trouble finding the cheapest deal on a foreclosed home in Lomita, California.

You can also search Hawaiian Gardens foreclosure listings and Paramount foreclosure listings for more properties in the neighboring area.



Lomita, CA

As of 2011, Lomita's population is 20,935 people. Since 2000, it has had a population growth of 4. 37 percent. The median home cost in Lomita is $494,900. Home appreciation the last year has been -2. 82 percent. Compared to the rest of the country, Lomita's cost of living is 56. 80% Higher than the U. S. average. Lomita public schools spend $4,809 per student. The average school expenditure in the U. S. is $5,678. There are about 22. 6 students per teacher in Lomita. The unemployment rate in Lomita is 12. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Lomita jobs have Decreased by 0. 56 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplelomita, caUS
Population20,935307,829,557
Pop Density10,92687
Pop Change4.37%9.34%
Median Age38.736.6
Households8,163116,329,167
Household Size2.542.58
Male Population48.36%49.31%
Female Population51.64%50.69%
Married Population42.85%47.15%
Single Population57.15%52.85%
Estimated Households By Household Incomelomita, caUS
Income Less Than 15k9.98%12.10%
Income Between 15k And 25k7.66%10.18%
Income Between 25k And 35k8.50%10.56%
Income Between 35k And 50k15.95%14.98%
Income Between 50k And 75k19.07%19.53%
Income Between 75k And 100k14.68%12.52%
Income Between 100k And 150k15.35%12.14%
Income Between 150k And 250k5.26%3.91%
Income Between 250k And 500k3.15%3.34%
Income Greater Than 500k0.39%0.75%
Economylomita, caUS
Unemployment Rate12.20%9.10%
Recent Job Growth-0.56%-0.12%
Future Job Growth26.68%31.25%
Sales Taxes8.25%6.80%
Income Taxes9.30%6.25%
Income Per Cap$29,741$27,067
Household Income$60,345$52,954
Housinglomita, caUS
Median Home Age46.835.1
Median Home Cost$494,900$175,100
Home Appreciation-2.82%-3.15%
Homes Owned47.26%59.90%
Housing Vacant2.76%10.37%
Homes Rented49.98%29.73%
Property Tax Rate$7.73$11.20
Owner Occupied Housing Units By Valuelomita, caUS
Less Than 20k3.34%2.65%
20k To 399993.21%3.76%
40k To 599991.67%4.99%
60k To 799990.71%6.01%
80k To 999990.53%7.27%
100k To 1499990.73%19.24%
150k To 1999993.31%14.67%
200k To 2999997.79%18.09%
300k To 39999915.20%9.14%
400k To 49999920.67%4.94%
500k To 74999931.14%5.42%
750k To 99999910.80%2.03%
1kk Or More0.89%1.77%
Educationlomita, caUS
School Expend$4,809$5,678
Pupil Teacher Ratio22.614.9
Students Per Librarian5098803
Students Per Counselor840513
2 Yr College Grad8.88%7.47%
4 Yr College Grad18.61%17.42%
Graduate Degrees8.78%10.12%
High School Grads86.15%84.72%
Crimelomita, caUS
Violent Crime64
Property Crime44
Housing Units By Year Structure Builtlomita, caUS
1999 To 20053.69%13.71%
1995 To 19982.03%8.54%
1990 To 19942.09%5.77%
1980 To 19899.73%13.87%
1970 To 197918.26%16.17%
1960 To 196921.50%11.70%
1950 To 195923.42%11.08%
1940 To 19499.61%6.02%
1939 Or Earlier9.66%13.15%

Table Information