Buying a Home in Lomita CA 90710 & 90717
Lomita sits in a genuinely advantageous geographic position — close enough to the Palos Verdes Peninsula to benefit from that market's long-term pull, close enough to Torrance and San Pedro to offer real connectivity, and small enough to have a neighborhood character that larger South Bay cities simply cannot replicate.
Financing in Lomita
With a city median around $932K and the 90717 core median touching $1M, Lomita falls squarely in conventional and high-balance conforming territory for most transactions.
- FHA loans — available for entry-level condos and select SFRs under $900K, primarily in 90710.
- Conventional loans — 3–5% down for qualifying buyers, covering most of the Lomita price range.
- High-balance conforming — covers properties in the $900K–$1.2M range at lower rates than jumbo.
- Jumbo loans — required for the upper end of 90717 where some SFRs exceed $1.2M.
Schools
Lomita students are served by Los Angeles Unified School District for public K–12, with the notable exception of properties near the Palos Verdes border that may have access to Palos Verdes Peninsula Unified. The proximity to PV schools is a meaningful value driver for homes in the northern part of 90717. GreatSchools rates Lomita's public schools around 7/10 on average.
Your Next Step
Call me at (310) 594-5362 for a free 20-minute consultation. I'll tell you exactly what you qualify for, which program fits the Lomita property you're targeting, and how to close fast in a low-inventory market.