Lomita, CA 90717 2366 Pacific Coast Highway
$2,500,000
47 more
Presented By: TIFFANY LE with HAPPY HOME REALTY, INC; 626-512-0864
SQFT • 5,725
Year Built • 1956
Home Details
Location, Location, Location! Situated on the corner of Pennsylvania Avenue and the infamous Pacific Coast Highway. Come and look at this strip mall plaza with multi-tenant retail stores. Plenty of parking space in the front and rear. These commercial storefronts generate steady income, great for investors that want residual income and a solid foundation for future upgrades or construction projects. All tenants are long-term tenants. Or owner-user, an entrepreneur that is looking to establish or expand their own business. Many future opportunities for growth. Two separate buildings with great upside potential. Just needs a little TLC.
Presented By: TIFFANY LE with HAPPY HOME REALTY, INC; 626-512-0864
Interior Features for 2366 Pacific Coast Highway
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
LivingAreaSourceAssessor
Total Stories1
Other Rooms
Entry Level1
General for 2366 Pacific Coast Highway
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeAquariumSupplies, FoodAndBeverage, FastFood, Mixed, Photographer, Restaurant, Retail, StripMall
Carport Y/NNo
CityLomita
Construction MaterialsStucco
CoolingCentralAir
CountyLos Angeles
Current FinancingConventional
Current UseSeeRemarks
DirectionsThe subject property is located at the southeastern corner of Pacific Coast Highway & Pennsylvania Avenue.
Electric Expense83.0
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral, NaturalGas
Home Warranty Y/NNo
Insurance Expense5129.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Exchange1031
Lot Size Square Feet22197.0
Lot Size UnitsSquareFeet
MLS Area121 - Lomita
MaintenanceExpense1478.0
MobileHomeRemainsYNNo
Net Operating Income99881.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased4
Occupancy TypeTenant
Open Parking Spaces31.0
Operating Expense56355.0
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat, Shingle
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount31320.0
Tax Year2023
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Water Sewer Expense4530.0
Year Built1956
Year Built SourceAssessor
ZoningCommercial
Exterior for 2366 Pacific Coast Highway
Building Area Total5725.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions22251
Lot FeaturesRectangularLot, Walkstreet, CornerLot
Lot Size Acres0.5096
Lot Size Area22197.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings2
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking31.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
