2352 Lomita

Lomita, CA 90717

$8,000,000

List Price

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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.

Listing Information

List Price $8,000,000
Status Active
MLS PW24065579
HOA $0
Type Land
Lot Size 47,805
Structure Size N/A
DOM 132
Courtesy Of Bow Tie Realty & Investment
Listing Agent Jong Lee DRE#01876601

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Jong Lee, Bow Tie Realty & Investment . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 10th, 2024 at 9:53 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.