1741 Lomita Boulevard

Lomita, CA 90717

$1,650,000
Price
—
Beds
8,062 Sq. Ft.
$205 / Sq. Ft.
8,062
Sq. Ft.
$205
per Sq. Ft.

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,...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)
  1. Listed by Carlos Torres • DRE #01940702 • Brokerage DRE #01978196 • Realty ONE Group United • 310-500-6744

Property Details for 1741 Lomita Boulevard

Parking Spaces Total
26
Total Units
5.0
Office Class
C
Lot Size Source
Assessor
Lot Size Dimensions
113'x160'x112'x160'
Building Area Total
8062
Building Area Units
Square Feet
Stories Total
2

Location

Listing Courtesy of Realty ONE Group United, Carlos Torres, DRE #01940702
Add your commute
LISTING UPDATED: 04/27/2024 04:08 AM

Property Details for 1741 Lomita Boulevard

StatusActive
MLS #SB23140505
Days on Market272
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1979
Lot Size0.41 AC / 17,938 SF
CountyLos Angeles County

Location

Listing Courtesy of Realty ONE Group United, Carlos Torres, DRE #01940702
Add your commute

Building Information for 1741 Lomita Boulevard

Stories2Residences-Year Built1979Lot Size0.41 AC / 17,938 SF

Payment Calculator

$9,617 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$612

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1741 Lomita Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $169,302
  • Vacancy Allowance: 5079
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $164,222
  • Cap Rate: 10.0
  • Current Financing: None
Tax / Assessment Info
  • Tax Annual Amount: $20,625
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Heating: Forced Air
Exterior Features
  • Construction Materials: Drywall Walls, Stucco
  • Roof: Rolled/Hot Mop
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre, Paved
  • Land Use: Office, Retail
  • Lease Considered: No
  • Land Lease: No
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Office, Retail
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Type: 1
  • Unit Type Description: Retail
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Type: 2
  • Unit Type Description: Offices
Unit Information
  • Number Of Buildings: 1

Property History for 1741 Lomita Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1741 Lomita Boulevard

Taxable ValueLand$234,806Additions$156,533Total$391,339
Tax Record2023$7,342 ($612 / month)
Home Facts
Total Finished SqFt8,062 SqFtAbove Grade Finished SqFt8,062 SqFtStories1Lot Size17,863 SqFtStyleStoresYear Built1979ZoningLOCG*CountyLOS ANGELESAPN7372-017-027

Schools near 1741 Lomita Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
President Avenue Elementary School
PublicK to 6

Alexander Fleming Middle School
Public6 to 8

Nathaniel Narbonne Senior High School
Public9 to 12

Richland Avenue Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1741 Lomita Boulevard is a mixed use property for sale in Lomita, CA 90717. This property was listed for sale on July 29, 2023 by Realty ONE Group United, it's currently listed at $1,650,000. This listing's school district is Los Angeles Unified School District. Nearby schools include President Avenue Elementary School, Alexander Fleming Middle School and Nathaniel Narbonne Senior High School. 1741 Lomita Boulevard is a 0-bed, 0-bath, 8,062 sqft mixed use property built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty ONE Group United, Carlos Torres, DRE #01940702

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.