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Listed by Jong Lee • Bow Tie Realty & Investment
$ 8,000,000
Est. payment | /mo
47,805 SqFt
$ 8,000,000
Est. payment | /mo
47,805 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 47,805 sqft
Price per Sqft $167
MLS Listing ID CRPW24065579
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 1.097 Acres
Property Sub-Type Unimproved 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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View None
Building
Water Public
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