For Sale
$3,495,000
900 Lomita Blvd Los Angeles, CA 90710
Harbor City Value-Add Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- South Bay Square, a 12,215-square-foot retail center in Los Angeles, CA (90710), offers a value-add investment opportunity.
- The multi-tenant property, on a 0.64-acre lot, features eleven units in two single-story buildings with 70.61% occupancy.
- Priced at $3,495,000 ($287/SF, $126/SF land), it boasts a 7.39% pro-forma cap rate and $258,689 pro-forma NOI.
- Built in 1987, the property has a gross lease structure, 11,791 square feet of net rentable area, and 25 parking spaces.
- Located at 900 W Lomita Blvd, with high visibility and C2 zoning, it offers significant rental upside and is near a planned residential development.
Property Details for 900 Lomita Blvd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 12,215 SF
- Year Built
- 1987
- Buildings
- 2
- Stories
- 1
- Units
- 11
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 33.797762517765
- Longitude
- -118.29148172955
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Harbor City Value-Add Opportunity
- Where is the lifestyle center located?
- The property is located at 900 Lomita Blvd Los Angeles, CA.
- What is the asking price?
- The asking price for this property is $3,495,000.
- What are key features of this property?
- This property features: South Bay Square, a 12,215-square-foot retail center in Los Angeles, CA (90710), offers a value-add investment opportunity.; The multi-tenant property, on a 0.64-acre lot, features eleven units in two single-story buildings with 70.61% occupancy.; Priced at $3,495,000 ($287/SF, $126/SF land), it boasts a 7.39% pro-forma cap rate and $258,689 pro-forma NOI.
- How can I contact the broker?
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