2352 Lomita, Lomita, CA 90717 - MLS#PW24065579 - Matt O'Brien

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 8,000,000

Est. payment | -/mo

1.1 Acres Lot

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$ 8,000,000

Est. payment | -/mo

Save

1.1 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24065579

HOA Y/N No

Lot Size 1.097 Acres

Acres 1.0975

Property Sub-Type Lots/Land

Property Description

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.
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.

Location

State CA

County Los Angeles

Area Lomita (90717)

Others

Acceptable Financing Cash

Listing Terms Cash

Listed by Jong Lee • Bow Tie Realty & Investment

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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2352 Lomita Lomita, CA 90717