Lomita, CA 90717 1741 Lomita Boulevard

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Presented By: Carlos Torres with Realty ONE Group United; 310-500-6744
  • MLS# SB23140505
  • 07/29/2023
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  • FootageSQFT • 8,062

Home Details

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)
Presented By: Carlos Torres with Realty ONE Group United; 310-500-6744

Interior Features for 1741 Lomita Boulevard

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Street SuffixBoulevard
Total Stories2

Other Rooms

Entry Level1

General for 1741 Lomita Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate10.0
Carport Y/NNo
CityLomita
Construction MaterialsDrywall, Stucco
CountyLos Angeles
Current FinancingNone
Days on Market271
DirectionsProperty is on Western Ave and Lomita Blvd
Garage Y/NNo
HOA / Comm AssnNo
HeatingForcedAir
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan, Item1031Exchange
Lot Size Square Feet17938.0
MLS Area121 - Lomita
MobileHomeRemainsYNNo
Net Operating Income164222.0
New ConstructionNo
Occupancy DescriptionVacant
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
RoofRolledHotMop
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameLomita
Tax Annual Amount20625.0
Total Units5
UtilitiesElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
View Y/NNo
Waterfront Y/NNo
Year Built1979
Year Built SourcePublicRecords
ZoningLOCG

Exterior for 1741 Lomita Boulevard

Building Area Total8062.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions113'x160'x112'x160'
Lot FeaturesItem01UnitAcre, Paved
Lot Size Acres0.4118
Lot Size Area17938.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourceAssessor
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking26.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,650,000
MLS#SB23140505
List Date 07/29/2023
Property Type Commercial
Phone 714.964.3311
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