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2352 Lomita

Lomita, 90717

0 Bd
0 Ba
47,805 Lot
$8,000,000 Current Price
Active Status
35 Days on Market
Apr 3 First Day Active
$8,000,000 Start Price

Description

Attention Developers!! 1.1acre land is on Lomita Blvd., in the city of Lomita with approximately 290 feet of frontage. Zoning LOCG or mixed use (check with the city). This property is ideal for development. This land is about1.1 acres and currently has 8-unit apartment (4 units of which are vacant), and a retail lawn mower shop with an adjoining X-space parking lot. The existing buildings can be rented for income as-is,or redevelopment.

This may be great opportunity to develop both commercial and residential projects. It is close to Torrance Municipal Airport, Crossroad Shopping Center and Torrance Memorial Medical Hospital. There are 5 APN#s, 7376-011-007,008,018,019,032. Currently, there is $7,170 rental income from apartment.

Lawn mower shop would be vacated at the end of escrow.

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Property Details for 2352 Lomita

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Jong Lee
Listing Brokered By
Bow Tie Realty & Investment
Type
Land
MLS Area
121 - Lomita

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
35 DOM
Combined DOM*
35
First Date Active
April 3rd, 2024
Current Price
$8,000,000
Orig. List Price
$8,000,000
MLS® #
PW24065579
APN
7376011007
Special
Standard

Exterior Information

Lot Description
11-15 Units/Acre, Lot Over 40000 Sqft
Lot Size (sq. ft.)
47,805
Lot Size (acres)
1.10

Utilities Information

Water Source
Public

Additional Information

Zoning
LOCG
Buyer's Brokerage Fee
2.500

* 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
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Listing/Price History

2352 Lomita, Lomita, (MLS® #PW24065579)

Date Details Price Change
First Day Active $8,000,000
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Listing Summary

Quick Summary of 2352 Lomita: This home in Lomita is priced at $8,000,000 . The residence was originally built in and was listed on April 3rd, 2024 at $8,000,000, showing 35 Days on Market currently. Contact Dave Fratello today for more information or to go see 2352 Lomita.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 8th, 2024 at 11:55am 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.