Lomita is a small, quiet South Bay city known locally as the friendly town, with a low-rise character and a housing base of modest postwar homes, some on unusually deep lots left over from its semirural past. Old Town Lomita along Narbonne Avenue keeps a village feel, while Harbor Hills and eastern Lomita hold the kind of one-story homes and older bungalows investors can update without heavy structural work. Its position near the Harbor Gateway, the ports, and the Palos Verdes hills gives it a blue-collar-to-move-up mix that keeps turnover steady.
Fidelity Funding lends directly to Lomita investors, underwriting the property and exit rather than burying you in conditions. A California lender since 2006, we close in 5 to 10 business days at rates from 9.99%, with up to 90% of cost plus 100% of rehab. Lomita's deep lots make it one of the better South Bay markets for adding an ADU, and our construction and rehab programs are built to fund exactly that kind of income-boosting addition quickly.
Standard suburban product in Lomita accounts for the bulk of our local volume — the median is around $808K and fix-and-flip deals here close on schedule.
Typical Lomita deals close in 5 to 7 business days with a straight bridge loan plus rehab line and exit to a retail FHA or conventional buyer. Local pocket coverage includes Old Town Lomita, Harbor Hills, Eastern Lomita, Western Lomita and adjacent Lomita submarkets.
Estimated local median: $808K · Typical loan range: $525K – $1.01M · Top program: fix-and-flip and DSCR rental
Most Lomita private money loans we fund range from $525K to $1.01M, sized against an estimated local median around $808K. Loans outside that range are case-by-case based on parcel and scope.
For Lomita, our highest-volume program is fix-and-flip and DSCR rental. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
Many Lomita parcels are unusually deep from the city's semirural history, leaving room for detached ADUs that add strong rental income in a tight South Bay market.
Yes. Our rehab and construction programs can cover the main-home renovation and the ADU build together in a single loan.
It generally sits below the neighboring Palos Verdes and beach cities, offering a more accessible entry point for South Bay investors.
Typically 5 to 10 business days, and as fast as 5-7 when the file is clean. We control the process as a direct lender.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT