2315 Pacific Coast, Lomita, CA 90717

$2,200,000

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List Price
$2,200,000
Status
ACTIVE
MLS#
GD26101324
Year Built
1987
Lot Size
13,224
Acres
0.30
Lot Location
0-1 Unit/Acre
Days on Market
81
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

2315 Pacific Coast Highway is a 5,500 SF, two-story retail / office building on a 13,224 SF lot along one of the South Bay’s most heavily trafficked commercial corridors. The property offers strong PCH visibility, a flexible two-story floor plan, and 20 surface parking spaces. 100% occupied by two long time month-to-month tenants. In-place monthly gross rent of $5,600 (below market approx. $1/sf/mo). Positioned in Lomita with steady tenant demand, the asset presents a rare opportunity for an owner-user, investor, or 1031 buyer seeking a well-located South Bay property with durable fundamentals and long term potential.

Additional Information

Heat
Central
Cooling
Yes
Cooling Description
Central Air
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$67,200
Operating Expense
25429

Listing courtesy of Listing Agent: Geancarlo Pilco (gp@localepartners.co) from Listing Office: Locale Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.