$1,725,000
FOR SALEActive24632 Narbonne
Lomita CA 90717
4,700
SF
Retail
Type
1954
Built
$367/SF
Cost/SF
Listing Agent
Stephen Lampe
Listing Agent
DRE #: 01164364
Brokerage: Re/Max Commercial & Investment
Location Analysis
About This Property
The subject property is a 4,700 square foot single story commercial building on Narbonne Avenue on a double lot (12,832 square feet) with a rear yard and additional parking for 15 vehicles. Narbonne is essentially the "MAIN STREET" of Lomita, and has excellent visibility and signage as well. It is across from the Lomita Steam Magnet Elementary School. The property is owner occupied and has been a successful flooring business for many years. The zoning is CG (Commercial General) which allows a broad range of uses including retail, office, service business such as a gym or fitness center subject to meeting parking requirements. The front show room area is approximately 46' wide and 66' deep. There is a private office, an office/supply room and a bathroom in the back portion which also has a warehouse area with one large roll up door and a regular door, both with concrete ramps built in. The ceilings have been finished with drywall and provide a 12' clear height. Depending on the area of the building and location of roof joists, there might be room to provide additional clear height (buyer to verify). The property will be DELIVERED VACANT AT CLOSE OF ESCROW. PLEASE DO NOT DISTURB THE TENANTS, SHOWINGS ARE BY APPOINTMENT WITH LISTING BROKER ONLY.
Property Information
Property Overview
Commercial - Retail
Property Type
Active
Status
0.2946 acres
Lot Size
4,700 SF
Square Footage
$367.02/SF
Price per SF
7.00%
Cap Rate
$127K
NOI
1,954
Year Built
1
Stories
15
Parking Total
3.19
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
7% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
7.00%
Cap Rate
$126,900
NOI
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Recent commercial sales in Lomita
Sold $1,150,000SOLD2,432 SF•Office25501 NarbonneSold Oct 2026Century 21 Coastal Properties | DRE #02080171Buyer's agent: Steven Simonetti, RE/MAX Nexus | DRE #0368946
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- Sold $960,000SOLD2,904 SF•Office24820 Narbonne AvenueSold Feb 2026Lyon Stahl Investment Real Estate, Inc. | DRE #02035763Buyer's agent: Jorge Martinez, Executive Bankers Realty | DRE #01733097
Sold $800,000SOLD1,750 SF•Special Purpose25807 Walnut StreetSold Dec 2025KP Realty & Associates | DRE #01995338Buyer's agent: Yasna Rosso, Home Team Realty | DRE #01309886
- Sold $4,300,000SOLD15,647 SF•Multi Family•17 units26025 Narbonne AvenueSold Nov 2025Estate Properties | DRE #00972400Buyer's agent: David Matt Crabbs, Compass | DRE #01120751
Sold $1,150,000SOLD3,030 SF•Retail2158 Lomita BoulevardSold Nov 2025Lyon Stahl Investment Real Estate, Inc. | DRE #02035763Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #01111111
Closed commercial sales reported, newest first.