2300 2312 Pacific Coast Highway, Lomita, CA 90274

$6,100,000

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List Price
$6,100,000
Status
ACTIVE UNDER CONTRACT
MLS#
SB25264735
Lot Size
26,888
Acres
0.62
Lot Location
6-10 Units/Acre, Corner Lot
Days on Market
248
Property Type
Commercial
Property Sub Type
Retail

Property Description

2300–2312 Pacific Coast Highway presents an exceptional opportunity to acquire a neighborhood shopping center strategically positioned in the heart of Lomita. The property benefits from outstanding visibility along Pacific Coast Highway, one of the most heavily traveled routes in the South Bay, and draws consistent consumer traffic from the surrounding residential neighborhoods. Featuring a strong mix of daily-needs tenants and service-oriented operators, the center enjoys reliable income streams while offering clear potential for increased revenue through future lease-up and rent adjustments. Potential CAP rate 6.45% once rented

Additional Information

Taxes
$73,200
Water
Public
Attached Structure
Detached
Number Of Units Total
6
Gross Scheduled Income
$480,000
Operating Expense
81565

Listing courtesy of Listing Agent: Jill Medawar (jackmed55@gmail.com) from Listing Office: Jill Medawar.

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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.