Listing by: Jong Lee, Bow Tie Realty & Investment, 310-381-9905

0 Beds

n/a Full bath

n/aSqFt

Active

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.

Property Details
Price $8,000,000
Lot Size Area 47805
Lot Size Area Units Square Feet
Acres 1.0975
Property Type Land
Exterior Features Suburban,Urban,Suburban,Urban
View None
Lot Description 11-15 Units/Acre,Lot Over 40000 Sqft
Association Fee 0
Geographic Data
Directions South of Lomita Blvd and East of Pennsylvania Ave
County Los Angeles
Latitude 33.80383
Longitude -118.324403
Market Area 121 - Lomita
Address Information
Address 2352 Lomita, Lomita, CA 90717
Postal Code 90717
City Lomita
State CA
Country United States
Listing Information
Listing Office Bow Tie Realty & Investment
Listing Agent Jong Lee
Listing Agent Phone 310-381-9905
Attribution Contact 310-381-9905
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
MLS Information
Days on market 266
MLS Status Active
Listing Date Apr 3, 2024
Listing Last Modified Dec 25, 2024
Tax ID 7376011007
MLS Area 121 - Lomita
MLS # PW24065579

This information is believed to be accurate, but without any warranty.
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