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Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23140505
Sold Date 09/13/24
HOA Y/N No
Year Built 1979
Annual Tax Amount $20,625
Lot Size 0.412 Acres
Lot Dimensions Assessor
Property Description
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)
Location
State CA
County Los Angeles
Area 121 - Lomita
Zoning LOCG
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Forced Air
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Rolled/Hot Mop
Present Use Commercial
Total Parking Spaces 26
Building
Lot Description 0-1 Unit/Acre, Paved
Story 2
Water Public
Others
Tax ID 7372017027
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Deborah Naumovski • RPM Realty, Inc.
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