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1741 Lomita Boulevard

Lomita, 90717

0 Bd
0 Ba
17,938 Lot
$1,650,000 Current Price
Active Status
273 Days on Market
Jul 29 First Day Active
$2,500,000 Start Price

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)

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Property Details for 1741 Lomita Boulevard

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Carlos Torres
Listing Brokered By
Realty ONE Group United
Type
Commercial Sale, Mixed Use
Year Built
1979 (PublicRecords)
MLS Area
121 - Lomita

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
273 DOM
Combined DOM*
273
First Date Active
July 29th, 2023
Current Price
$1,650,000
Orig. List Price
$2,500,000
MLS® #
SB23140505
APN
7372017027
Special
Standard

Home Interior Information

Heating
Forced Air

Room Information

Laundry
None

Exterior Information

Lot Description
0-1 Unit/Acre, Paved
Lot Size (sq. ft.)
17,938
Lot Size (acres)
0.41
Roof
Rolled/Hot Mop
Parking Spaces
26

Utilities Information

Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Source
Public

Additional Information

Zoning
LOCG
Buyer's Brokerage Fee
1.000

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
121 - Lomita
City/State
Lomita
Zip Code
90717
County
Los Angeles
# of Units
5
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Listing/Price History

1741 Lomita Boulevard, Lomita, (MLS® #SB23140505)

Date Details Price Change
Price Reduced (from $1,900,000) $1,650,000 $250,000 (13.16%)
Price Reduced $1,900,000 $300,000 (13.64%)
Price Reduced $2,200,000 $300,000 (12.00%)
First Day Active $2,500,000
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Listing Summary

Quick Summary of 1741 Lomita Boulevard: This home in Lomita is priced at $1,650,000 . The Mixed Use residence was originally built in 1979 and was listed on July 29th, 2023 at $2,500,000, showing 273 Days on Market currently. Contact Dave Fratello today for more information or to go see 1741 Lomita Boulevard.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 2:30am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.