Located in the heart of Downtown Lomita, this prime commercial property is situated on a highly visible lot with a spacious interior and features over 114 feet of frontage on Narbonne Avenue. The building is configured as two separate units, each with its own private entrance, restroom, and air conditioning, making it ideal for an owner-user, multiple tenants, or an investment opportunity. Currently the retail business uses both units in an open concept design. Additional highlights include seven on-site parking spaces, ADA-compliant restrooms, a new A/C unit serving the north side of the building, and a rear office with its own private entrance and plumbing for a hair salon. Downtown Commercial zoning, the property supports a wide variety of commercial uses and may offer the potential for second-story residential development, creating additional value and long-term investment potential (buyer to verify). With an estimated traffic count of over 800 vehicles per hour along Narbonne Avenue, the property benefits from outstanding exposure. Permits and planning have been approved for a new facade giving the property a fresh new look that will further enhance its curb appeal. Offered vacant at closing. For the complete financial profile, please see the offer memorandum.
| MLS # | PV26138823 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 118 |
| Listing Provided By | Compass | Jessiqa Pace |
| SQ Feet | 2,274 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.14 |
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Lot Features | Two To Five Units Acre, Paved, Rectangular Lot, Street Level |
|---|
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lomita |
| Zip Code | 90717 |
| Area | 121 Lomita |
| Listing VS Median (in 90717) | |
Price: $1,200,000 low | high Med: $775,000 sqft: 2,274 low | high Med: 976 $ / sqft: $528 low | high Med: $794 On site: 118 low | high Med: 4 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lomita |
| Zip Code | 90717 |
| Area | 121 Lomita |
| Listing VS Median (in 90717) | |
Price: $1,200,000 low | high Med: $775,000 sqft: 2,274 low | high Med: 976 $ / sqft: $528 low | high Med: $794 On site: 118 low | high Med: 4 | |
![]() | $1,200,0002162 LomitaLomita, CA 90717 |