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1741 Lomita Boulevard, Lomita, CA 90717

Commercial property

1741 Lomita Boulevard, Lomita, CA 90717 Sold September 2024 CRMLS
$1,500,000Sold September 2024

Listing Agent: Carlos Torres (DRE #01940702) · Listing Office: Realty ONE Group United · Contact: 310-500-6744 · Bought with: Deborah Naumovski · RPM Realty, Inc. · MLS #SB23140505 · Source: CRMLS

8,062
Building Sq Ft
5
Units
10.00%
Cap Rate
$164,222
NOI
17,938 sqft
Lot Size
1979
Year Built
LOCG
Zoning
Commercial property
Type

About this commercial property

Commercial building (Retail/Office) for sale located in the City of Lomita. This Lomita property features two-story MIX USE Retail and Office total building size of 8,062 sqft space. The lot size is 17,938 sqft and the building was built in 1979. This Lomita Commercial building features 5 units: 2 retail spaces and 3 offices. There are 26 parking spaces available. Upside Potential: This Lomita property offers excellent upside potential for owner-user or Investment. The possibilities are endless, lease at current market and maximize profits with NNN lease. Lease out to Retail Stores, Grocery Stores, Medical Offices, Gym, Dance Studio, School, etc. This Lomita property is located near the intersection of Lomita Blvd and Western Avenue and has ample parking. Investment highlights include: •__ Less than 2 miles from Kaiser Permanente South Bay Medical Center. •__ Located near to 405 Freeway, 110 Freeway and Pacific Coast Highway. •__ Well-maintained commercial building with easy access from Western Ave or Lomita Blvd. •__ Perfect opportunity for owner/user or investor, Great upside potential. *__ 5 units mix. 2 retail and 3 offices (Upside Creative/mini Office could be as much as 10+- offices)

Listing description from the September 2024 sale, as reported to CRMLS.

Sale history

$1,500,000
Sold September 2024 · listed $1,650,000, orig. $2,500,000, on market July 2023 · MLS #SB23140505 · Source: CRMLS
Listing Agent: Carlos Torres · Listing Office: Realty ONE Group United · Contact: 310-500-6744 · Bought with: Deborah Naumovski · RPM Realty, Inc.
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