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24020 Narbonne AveLomita, CA 90717
Stacy MetcalfeWest Coast Land Brokers820 Manhattan Ave,Manhattan Beach, CA [email protected](310) 720-5450
Price: $3,000,000
Property Type: Retail
Property Sub-type: Storefront Retail/Residential
Building Class: C
Sale Type: Investment or Owner User
Cap Rate: 4.92%
Lot Size: 0.67 AC
Gross Leasable Area: 9,208 SF
No. Stories: 1
Year Built: 1934
Tenancy: Multiple
Parking Ratio: 2.39/1,000 SF
Zoning Description: CG, Lomita
APN / Parcel ID: 7374-017-008
Walk Score ®: 65 (Somewhat Walkable)
24020 Narbonne Ave$3,000,000
This +/- 30,000 SF Corner Lot is located on the heavilytraveled Narbonne Avenue just minutes from downtownLomita at the border of Torrance. The property includesa large private parking lot, 2 commercial suits (6600SF/ 1800SF), a 6 car garage plus additional gated parking,and a well maintained 2 bedroom 1 bathroom singlefamily residence with a manicured backyard. Propertyis currently fully leased but can be delivered vacant ifbuyer refers.
MOTIVATED SELLERS! Great Owner User Opportunity. Prime location with visibility. This property includes 2 recently upgradedcommercial spaces totaling +/- 8,400 Square Feet onNarbonne Avenue , 1 large corner flat top parking lot(+/- 30 spaces), and a Single Family Residence (+/-1000 SF) located on 240th Street.
High Visibility Corner Lot
Heavily Traveled Street
City Approved Improvements
Can Be Delivered Vacant or Occupied
••••
Major Tenant Information
Tenant SF Occupied Lease Expired
Remembrance CommunityChurch
1,800 Tenant will vacate with 6 monthsprior notice or renew long term
SFR on 240th 960 At Buyer's Discretion
Southwestern Tile 5,600 At Buyer's Discretion
24020 Narbonne Ave, Lomita, CA 90717
This +/- 30,000 SF Corner Lot is located on the heavily traveled Narbonne Avenue just minutes from downtownLomita at the border of Torrance. The property includes a large private parking lot, 2 commercial suits (6600SF/ 1800SF), a 6 car garage plus additional gated parking, and a well maintained 2 bedroom 1 bathroom singlefamily residence with a manicured backyard. Property is currently fully leased but can be delivered vacant ifbuyer refers. The commercial spaces total +/- 8400 SF which can be combined or remain divided.Lomita City Hall has previously approved plans to develop the site to include subterranean parking and 2stories of commercial space. Inquire with City Hall for matters pertaining to re-zoning for mixed-use purposes.PLEASE DO NOT DISTURB TENANTS.
Property Photos
Front
Narbonne Site Map
Property Photos
2168 240th Street
House 240th
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Other
Corner
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Plat Map
