Commercial property
Listing Agent: Angela Conterno (DRE #01134361) · Listing Office: Henry Falkenstein & Assoc · Contact: 310-529-7338 · Bought with: Paul Falkenstein · Henry Falkenstein & Assoc · MLS #SB25021531 · Source: CRMLS
1807 262nd Street W sold for $868,000 in April 2025, 11% under its $975,000 list price, after 31 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
This Lomita Mixed Use property represents an incredible opportunity to own an Investment Property with substantial upside potential. Consisting of two APN's for a total Lot Size of 11,883 sq ft, there are 2 Residential units, 2 Commercial units and an extremely Large Parking Lot with 17 spaces that service the Commercial Units. The larger Commercial Unit includes an attached 2 car garage with direct access from Cayuga Ave (back street). This property would be an ideal fit for an owner-user (ie. contractor, plumber, tradesperson, service industry, etc) or find your own commercial/retail tenants for increased revenue. Located at Western Ave and 262nd St and less than 1/2 mile from the very busy intersection of PCH/Western, this location provides offers massive street visibility and exposure for any business. Please inquire with the Listing Agents re: Development Opportunities for this property. Parcels included for this sale: 7553-015-038 & 7553-015-041.
Listing description from the April 2025 sale, as reported to CRMLS.