2366 Pacific Coast Highway, Lomita, CA 90717

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Juan Oropeza

Citiwide Realty Group

juan@juanorealtor.com +1(818) 941-0721

$ 2,500,000

Est. payment | -/mo

0.51 Acres Lot

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$ 2,500,000

Est. payment | -/mo

Save

0.51 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID WS24209387

HOA Y/N No

Year Built 1956

Annual Tax Amount $31,320

Tax Year 2023

Lot Size 0.510 Acres

Lot Dimensions Assessor

Property Description

Location, Location, Location! Situated on the corner of Pennsylvania Avenue and the infamous Pacific Coast Highway. Come and take a look at this strip mall plaza with multi-tenant retail stores. All units are fully occupied, except for one. That one can be used for owner-use or if an entrepreneur is looking to establish or expand their business. Plenty of parking space in the front and rear. These commercial storefronts generate steady income, great for investors that wants residual income and a solid foundation for future upgrades or construction projects. Many future opportunities for growth. All tenants are long-term tenants. Two separate buildings with great upside potential. Just needs a little TLC.

Location

State CA

County Los Angeles

Area 121 - Lomita

Zoning Commercial

Interior

Heating Central, Natural Gas

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Fence None

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Flat,Shingle

Present Use See Remarks

Total Parking Spaces 31

Building

Lot Description Rectangular Lot, Walkstreet, Corner Lot

Story 1

Water Public

Others

Tax ID 7553004099

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by TIFFANY LE • HAPPY HOME REALTY, INC • 626-512-0864