1807-1817 262nd St - Office/Residential FOR SALE


Lomita, CA 90717
$975,000 USD
310-519-7733
1807-1817 262nd St, Lomita, CA for Sale
$975,000 USD
Office/Residential - FOR SALE
1/9
null | 6% Cap Rate

1807-1817 262nd St
Lomita, CA 90717


HIGHLIGHTS

  • Large lot
  • Great visibility to Western Ave
  • Parking Lot for 17 vehicles
  • New Roof for Residential Units

OVERVIEW

This Lomita Mixed Use property represents an incredible opportunity to own an Investment Property with substantial upside potential. Consisting of two APN's for a total Lot Size of 11,883 sq ft, there are 2 Residential units, 2 Commercial units and an extremely Large Parking Lot with 17 spaces that service the Commercial Units. The larger Commercial Unit includes an attached 2 car garage with direct access from Cayuga Ave (back street). This property would be an ideal fit for an owner-user (ie. contractor, plumber, tradesperson, service industry, etc) or find your own commercial/retail tenants for increased revenue. Located at Western Ave and 262nd St and less than 1/2 mile from the very busy intersection of PCH/Western, this location provides offers massive street visibility and exposure for any business. Note that this property consists of 2 APN's: 7553-015-038 & 7553-015-041 Combined Lot Sq Footage: 11,883 Combined Building Sq Footage: 2,847 * Please inquire with the Listing Agents re: Development Opportunities for this property *

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LOCG

APN/PARCEL ID

7553-015-038,7553-015-041

ASK ABOUT THIS PROPERTY

Angela ConternoHenry Falkenstein & AssociatesMore Info
310-519-7733

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Angela ConternoHenry Falkenstein & AssociatesMore Info
310-519-7733

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.