Roseann Oesterreich, CRS, GRI
The median home value in Lomita, CA is $895,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Lomita, CA is $895,000.
Approximately 46% of Lomita homes are owned,
compared to 50% rented, while
4% are vacant.
Lomita real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Lomita real estate agent to arrange a tour today!
Learn more about Lomita.
7 units mix. 2 retail and 5 offices with showers and bathrooms. Former dog grooming business and hair salon retail.2 storage units, ample rear parking. Individually metered. See City of Lomita about the possibility of converting the offices to residential.NEEDS TLC! Roof leaks and ceiling damage. Sold 'as is' and priced accordingly.
This is a once in a lifetime investment opportunity to purchase an extremely well-built bar/ tavern stand alone building with it's own private parking lot. The commercial tenant is the "Lomita Ale House" with initial lease term expiring in 2024. This bar has been granted conditional use permits that allow only this establishment to operate as a full bar with dining and live entertainment open 7 days a week until 2am, a patio that allows smoking, a retro vintage sign embarking over 5 feet, and private gated parking. This is a perfect location due to the lack of dining and live entertainment along this stretch of Narbonne Ave. with no direct competition allowing owners to charge premium rent. This Thriving area of Lomita boasts a median household income of over $91,000. This densely populated neighborhood with over 25,000 people within a one mile radius has newly constructed developments that has significantly increased the bar's exposure throughout the years. Inside the tavern, you will find a wrap around bar with a small dining area, and a separate area reserved for pool tables. In the back of the property you will find 4,842 sq. ft. of parking space, that is used in the summer for a live entertainment stage with appearances by Sublime with Rome and Tomorrow's Bad Seeds. The property is zoned commercial general, there is so much potential for this property to generate additional income such as adding an EV Charging station, or possibly adding to the building, buyers are advised to contact the Planning and Building Department for zoning, restrictions and usage.
Free standing retail building situated an ideal corner location on heavily traveled Western Avenue in Lomita, just off of the Pacific Coast Highway corridor. Great visibility, on a popular thoroughfare in Lomita with a daily traffic count around 49,000. Of the total 2900 sq.ft, 1000 sq.ft is usable basement area. 100 AMP power source! 2 bathrooms. One space is tenant occupied other is vacant.
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