2020 & 2018 Lomita Blvd
Lomita, CA
Industrial for Sale - $3,995,000 - 24,820 Sq. Ft. on 49299.44 acres
Property Info
CIMLS# | 822109 |
Location 2020 & 2018 Lomita Blvd Lomita CA 90717 | |
Updated | August 11th, 2015 |
Type | Industrial |
Price | $3,995,000 |
Building | 24,820 Sq. Ft. |
Land | 49299.44 acres |
Property Description
Lomita is at the base of the Palos Verdes Peninsula. This 20 unit complex is east of Crenshaw Blvd and West of Western Ave, North of Pacific Coast Hwy and South of Sepulveda Blvd. Zoning is Light Industrial/ Commercial. Includes 5 APNs 7376-022-004, 7376-022-006, 7376-022-009, 7376-022-010, 7376-022-028. 20 units in all. Each unit has an air conditioned office and one bath consisting of a toilet and sink and rough in for an additional bath. Each unit has an electric meter and there were 20 gas meters, some tenants have elected to have the gas meters removed to avoid the monthly meter fee. There are seven units on the smaller building (7376-022-009) that are shown at 1,014 sq ft each. The other building (7376-022-028) has 13 units. Eleven of them are 1,175 sq ft each. One of the units is 2,350 (Used by Seller) and one is 2,447 sq. ft. Rents are low & no income for Seller occupied unit.
Financials
Fully leased with mostly long term tenants