2158-2160 Lomita Blvd
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2158-2160 Lomita Blvd
3,030 SF Retail Building Lomita, CA 90717 $1,300,000 ($429/SF) 3.57% Cap Rate
Investment Highlights
- Located off of a hard signalized corner
- 3,030 sqft of rentable space on a 8,296 sqft lot
- Currently operating as bar and office (same tenant)
- Ample parking for patrons and employees
- Tenants have 5 years left on their lease with two 5 year options to extend
Executive Summary
2158 Lomita Blvd is an unparalleled opportunity
for investors and business owners alike. This
property boasts an enviable location in a
bustling district, offering visibility and
accessibility.
The building measures 3,030 sqft and is situated
on a 8,296 sqft lot. 2158 Lomita Blvd is currently
operating as a bar and storage space, both
rented by the same tenant. There are 5 years left
on the lease with the tenant having two 5 year
option to extend the term of the lease.
Convenience is key with ample parking available
on-site, ensuring ease of access for patrons and
employees. Additionally, the property benefits
from being located off of a high traffic, signalized
corner (Narbonne and Lomita).
for investors and business owners alike. This
property boasts an enviable location in a
bustling district, offering visibility and
accessibility.
The building measures 3,030 sqft and is situated
on a 8,296 sqft lot. 2158 Lomita Blvd is currently
operating as a bar and storage space, both
rented by the same tenant. There are 5 years left
on the lease with the tenant having two 5 year
option to extend the term of the lease.
Convenience is key with ample parking available
on-site, ensuring ease of access for patrons and
employees. Additionally, the property benefits
from being located off of a high traffic, signalized
corner (Narbonne and Lomita).
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$66,000
|
$29.35
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,300
|
$1.47
|
| Effective Gross Income |
$62,700
|
$27.88
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,250
|
$7.23
|
| Net Operating Income |
$46,450
|
$20.65
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $66,000 |
| Annual Per SF | $29.35 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $3,300 |
| Annual Per SF | $1.47 |
| Effective Gross Income | |
|---|---|
| Annual | $62,700 |
| Annual Per SF | $27.88 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $16,250 |
| Annual Per SF | $7.23 |
| Net Operating Income | |
|---|---|
| Annual | $46,450 |
| Annual Per SF | $20.65 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,030 SF
Year Built
1934
Price
$1,300,000
Price Per SF
$429
Cap Rate
3.57%
NOI
$46,450
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Land Acres
0.19 AC
Zoning
LOCG*
Parking
3 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
66 FT on Lomita Blvd
Amenities
- Bus Line
Walk Score ®
Very Walkable (82)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 7376-017-030 | Improvements Assessment | $161,739 (2024) |
| Land Assessment | $446,760 (2024) | Total Assessment | $608,499 (2024) |
PROPERTY TAXES
Parcel Number
7376-017-030
Land Assessment
$446,760 (2024)
Improvements Assessment
$161,739 (2024)
Total Assessment
$608,499 (2024)
-
Cameron Samimi -
Olga Wright -
Lyon Stahl Investment Real Estate
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2158-2160 Lomita Blvd
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