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24606 Narbonne Avenue

Lomita, CA 90717
  • $1,600,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: SB25045070
$1,600,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:
Area:

School Ratings & Info

Listing Agent(s): Minja Joo of New Star Realty & Investment (310-891-0007) and Jun Chang of ()


Description

Best corner location in the South Bay area! A unique mixed-use building in a great location in the South Bay area! The property is zoned LOCG-commercial, and used as mixed units. No parking on this property. Property with high potential for development! 2 retail spaces downstairs and 6 residential units upstairs with 0 vacancies. Quick income! Rents are current. Tenants are month to month except for one of the retail spaces"potential for more income. Please do not disturb the tenants! Subject to inspection. The buyer will verify the sqft of each unit and the information. This location has 3 addresses, 24600, 24606 & 24608 with 1 APN number. Negotiable.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160987399
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24606 Narbonne Avenue Lomita, CA 90717

  • Price: $1,600,000
  • Status: Active
  • On Site: 14 Days
  • ID#: SB25045070
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1922
Built
Neighborhood:
121 - Lomita
County:
Los Angeles
Area:
121 - Lomita
Property Description
Best corner location in the South Bay area! A unique mixed-use building in a great location in the South Bay area! The property is zoned LOCG-commercial, and used as mixed units. No parking on this property. Property with high potential for development! 2 retail spaces downstairs and 6 residential units upstairs with 0 vacancies. Quick income! Rents are current. Tenants are month to month except for one of the retail spaces"potential for more income. Please do not disturb the tenants! Subject to inspection. The buyer will verify the sqft of each unit and the information. This location has 3 addresses, 24600, 24606 & 24608 with 1 APN number. Negotiable.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency This property does not have parking. Buyer and their agent to do their due diligence in all aspects of the property. SOLD WITH TENANTS. CALL 310-997-5152 FOR MORE INFO. Property sold as is and TENANT OCCUPIED. Month-to-month rent including. Electric Expense 5000 Fuel Expense 2000 Garage YN No Gross Income 132600 Gross Scheduled Income 135600 Insurance Expense 4100 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 89500 New Construction YN No New Taxes Expense 20000 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 43100 Possession Close Of Escrow Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 136200 Trash Expense 2000 Water Sewer Expense 4000 Water Source Public Zoning LOCG*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Minja Joo of New Star Realty & Investment (310-891-0007) and Jun Chang of ()