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Listed by Jill Elaine Medawar • Jill Medawar
$ 6,100,000
Est. payment /mo
Active Under Contract
Lomita, CA 90274
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB-25264735
Annual Tax Amount $73,200
Property Sub-Type Retail
Source California Regional Multiple Listing Service (CRMLS)
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
adjustments. Potential CAP rate 6.45% once rented
Location
State CA
County Los Angeles
Area 121 - Lomita
Zoning LOC3* - Retail
Interior
Laundry None
Building
Lot Description Lot 20000-39999 Sqft, Corner Lot, 6-10 Units/Acre