$1,500,000
FOR SALEActive24606 Narbonne
Lomita CA 90717
7,026
SF
Mixed Use
Type
1922
Built
$213/SF
Cost/SF
Listing Agent
Victor Liu
Listing Agent
DRE #: 01454468
Brokerage: Luxury PV Realty
Location Analysis
About This Property
Discover an exceptional mixed-use investment opportunity in the City of Lomita. Located along Narbonne Avenue, this eight-unit property combines ground-floor commercial space with residential units above, offering investors the potential for diversified rental income from both commercial and residential tenants. The property features two ground-floor commercial retail units and six residential units on the upper level, consisting of four studios, one one-bedroom unit, and one two-bedroom unit. This combination of commercial and residential occupancy offers multiple income streams within a single investment property. With its mixed-use configuration and location in Lomita, 24606 Narbonne Avenue presents an opportunity for investors seeking to expand their portfolio with a property serving both business and residential rental markets. Whether you are an experienced multifamily investor or looking to enter the mixed-use investment market, this property offers the potential to generate income from two distinct rental sectors while providing flexibility for long-term investment strategies.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
0.0881 acres
Lot Size
39
Total Units
7,026 SF
Square Footage
$213.49/SF
Price per SF
4.70%
Cap Rate
$71K
NOI
1,922
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
4.7% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
4.70%
Cap Rate
$70,800
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
Sold $5,750,000SOLD13,250 SF•Retail•6 units2300 2312 Pacific Coast HighwaySold Sep 2026Jill Medawar | DRE #01903781Buyer's agent: General NONMEMBER, NONMEMBER MRML
- 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.
CRMLS
MLS# PV26223838
Listed:
Nalren refreshed:
Last updated
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Listed by: Luxury PV Realty
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.