$1,900,000
$2,200,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
2211 Lomita BLVD Lomita, CA 90717
Key Details
Sold Price $1,900,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB16118036
Sold Date 02/17/17
HOA Y/N No
Year Built 1936
Property Description
One of a kind building on one of the South Bay's busiest and nicest corners. Koby Center is Six retail units and three apartments with a paved parking lot with approximately 15 spaces. Fully rented. Longtime owners want out of the Landlord Business. Right across the street from the new mixed use retail and residential complex approved for the corner of Narbonne Ave. & 245th St. Many longtime tenants. Retrofitting was done in the late 1980's. Financials and leases available to truly interested parties. Owner will only sell if they are able to carry the financing. Parts of the parking lot are also owned by the businesses facing Narbonne Ave that are not part of this property (approximately 4 spaces). Also there is a part of the parking lot that is public. City of Lomita would require the parking replaced if new owners decide to change use or redevelop property. Please check with City of Lomita for any planned uses. High traffic location with over 45,000 cars a day passing on Lomita Bl. alone. Well maintained property. Expenses are projections for new owners for the year 2016. Based on expenses for March, 2016
Location
State CA
County Los Angeles
Area 121 - Lomita
Interior
Fireplace No
Exterior
Community Features Park
Roof Type Asphalt,Rolled/Hot Mop
Total Parking Spaces 24
Building
Lot Description 26-30 Units/Acre, Corner Lot, Corners Marked, Irregular Lot, Level, Near Park, Near Public Transit, Street Level, Zero Lot Line
Story 2
Water Public
Others
Senior Community No
Tax ID 7374015065
Acceptable Financing Owner Will Carry
Listing Terms Owner Will Carry
Financing Seller Financing
Special Listing Condition Standard
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Bought with ROY CHANG • GEORGETOWN INVESTMENT