Lomita, CA 90717,2211 Lomita BLVD

$1,900,000

Est. payment /mo

$2,200,000

13.6%
Est.Price: ?

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2211 Lomita BLVD Lomita, CA 90717

SOLD DATE : 02/17/2017

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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California Regional MLS (CRMLS)
Listed by John Fields • Bonanza Realty
Bought with ROY CHANG • GEORGETOWN INVESTMENT

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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