Lomita, CA 90717,1741 Lomita BLVD

$1,500,000

Est. payment /mo

$1,650,000

9.1%
Est.Price: ?

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1741 Lomita BLVD Lomita, CA 90717

0.41 Acres Lot

SOLD DATE : 09/13/2024

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

Interior

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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California Regional MLS (CRMLS)
Listed by Carlos Torres • Realty ONE Group United • 310-500-6744
Bought with Deborah Naumovski • RPM Realty, Inc.
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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