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1741 Lomita Boulevard

Lomita, CA 90717
  • $2,500,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: SB21232803
UPDATED: 14 min ago
$2,500,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:
Area:

School Ratings & Info

Listing Agent(s): Carlos Torres of Realty One Group United (310-356-0940)


Description

Commercial Building For Sale | Lomita, CA - The Building is 8,062sqft | Two story building with Retail warehouse below and Office suites upstairs. Some Retail and offices second floor are currently available to be leased and current market rates, thus lots of upside on ROI. upside ProForma Market rents potential $193,488/Year with a CAP 5.75. This is a great business opportunity for someone looking to open or lease to a retail store, Grocery Store Gym, Dentist office, Dance Studio, etc. Located on the intersection of Lomita Blvd and Western Blvd there is plenty of foot traffic to make your business a success.Investment Highlights Less than 2-Miles from Kaiser Permanente South Bay Medical Center Close Proximity to the 110 Freeway and Pacific Coast Highway Well Maintained Office Building on a Prime Corner Lot with Ample Parking Perfect Opportunity for Owner/User or Investor Currently only 50% occupied so you have 3 offices that can be rented at increased market rates.. Located Less than 10-Miles to Rancho Palos Verdes, San Pedro, and the Port of Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-27T14:29:50.187. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Veronica Encinas Team | Coldwell Banker Realty. Licensed in the State of California, USA.
www.encinashomes.com/homes/123671370
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1741 Lomita Boulevard Lomita, CA 90717

  • Price: $2,500,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 14 min ago
  • ID#: SB21232803
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1979
Built
Neighborhood:
121 - Lomita
County:
Los Angeles
Area:
121 - Lomita
Property Description
Commercial Building For Sale | Lomita, CA - The Building is 8,062sqft | Two story building with Retail warehouse below and Office suites upstairs. Some Retail and offices second floor are currently available to be leased and current market rates, thus lots of upside on ROI. upside ProForma Market rents potential $193,488/Year with a CAP 5.75. This is a great business opportunity for someone looking to open or lease to a retail store, Grocery Store Gym, Dentist office, Dance Studio, etc. Located on the intersection of Lomita Blvd and Western Blvd there is plenty of foot traffic to make your business a success.Investment Highlights Less than 2-Miles from Kaiser Permanente South Bay Medical Center Close Proximity to the 110 Freeway and Pacific Coast Highway Well Maintained Office Building on a Prime Corner Lot with Ample Parking Perfect Opportunity for Owner/User or Investor Currently only 50% occupied so you have 3 offices that can be rented at increased market rates.. Located Less than 10-Miles to Rancho Palos Verdes, San Pedro, and the Port of Long Beach
Exterior Features

Construction Materials ConcreteStucco Fencing Block Lot Features 0-1 Unit/Acre Parking Total 26 Roof Mansard Sign On Property YN Yes

Interior Features

Heating Heat Pump Heating YN Yes

Property Features

Additional Parcels YN No Business Type Multi-Tenant Common Interest None Electric Expense 12032 Gross Scheduled Income 72000 Insurance Expense 2712 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms Cash To New Loan1031 Exchange Maintenance Expense 1023 Number Of Units Leased 3 Property Sub Type Mixed Use Security Features Fire Sprinkler System Special Listing Conditions StandardTrust Tax Annual Amount 6977 Tax Year 2021 Trash Expense 1116 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 1862 Water Source See Remarks Zoning Locg



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-27T14:29:50.187. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Veronica Encinas Team | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Veronica Encinas Team | Coldwell Banker Realty
840 Newport Center Drive, Ste. 100
Newport CA, 92660
Listing Agent(s): Carlos Torres of Realty One Group United (310-356-0940)