2352 Lomita, Lomita CA, 90717

Active

2352 Lomita

Lomita CA, 90717

$8,000,000

$167.35 per sqft

Active

1.1 Acres

Land

Listed by Jong Lee with Bow Tie Realty & Investment 310-381-9905

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.

PW24065579

MLSⓇ ID

April 3, 2024

Listed

April 12, 2024

Updated

Map

2352 Lomita
Lomita CA, 90717

Exterior/Building Features

Lot Size: 1.1 Acres
Lot Features: 11-15 Units/Acre, Lot Over 40000 Sqft

Other Property Details

Area Name: 121 - Lomita
Days on Market: 7
Garage: No
View: No
View Description: None
County: Los Angeles
Water Source: Public
Pool: No
Zoning: LOCG
Buyer Agency Compensation: 2.5%

Listing Contact: 310-381-9905

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/12/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 4/12/2024 at 7:48 PM UTC