24632 Narbonne Ave - Storefront FOR SALE


Lomita, CA 90717
$1,725,000 USD
310-880-1151
24632 Narbonne Ave, Lomita, CA for Sale
$1,725,000 USD
Storefront - FOR SALE
1/16
null | 7.36% Cap Rate

Jul '26


24632 Narbonne Ave
Lomita, CA 90717


OVERVIEW

The subject property is a 4,700 square foot single story commercial building on Narbonne Avenue on a double lot (12,832 square feet) with a rear yard and additional parking for 15 vehicles. Narbonne is essentially the "MAIN STREET" of Lomita, and has excellent visibility and signage as well. It is across from the Lomita Steam Magnet Elementary School. The property is owner occupied and has been a successful flooring business for many years. The zoning is CG (Commercial General) which allows a broad range of uses including retail, office, service business such as a gym or fitness center subject to meeting parking requirements. The front show room area is approximately 46' wide and 66' deep. There is a private office, an office/supply room and a bathroom in the back portion which also has a warehouse area with one large roll up door and a regular door, both with concrete ramps built in. The ceilings have been finished with drywall and provide a 12' clear height. Depending on the area of the building and location of roof joists, there might be room to provide additional clear height (buyer to verify). NOI is based on $2.25 NNN, however, the property will be DELIVERED VACANT AT CLOSE OF ESCROW. PLEASE DO NOT DISTURB THE TENANTS, SHOWINGS ARE BY APPOINTMENT WITH LISTING BROKER ONLY.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

7.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,247 SF

ZONING

CG, Lomita

APN/PARCEL ID

7376-017-001

ASK ABOUT THIS PROPERTY

Stephen LampeRE/MAX Commercial & Investment RealtyMore Info
310-880-1151

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Stephen LampeRE/MAX Commercial & Investment RealtyMore Info
310-880-1151

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