25807 Walnut StLomita, CA 90717
- Retail properties
- 1,750 SF
Property Details for 25807 Walnut St
- Year built
- 1946
- Construction
- WOOD
- Lot size
- 0.11 AC
- Property size (Sq ft)
- 1,750 SF
- Zone code
- LOCG*
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 7553-012-007
- APU
- 7553012007
Description
This 1,750 square foot commercial building, situated on a 0.11-acre lot at 25807 Walnut Street in Lomita, California, is currently operating as a muffler shop. However, the property's zoning permits auto repair and related garage uses, opening up a wide range of possibilities for future tenants or owners. The building presents a significant opportunity for entrepreneurs seeking a well-located commercial space in a thriving area. The asking price is $950,000. The existing structure provides a solid foundation for a variety of businesses, offering ample space for operations and potential for expansion or modification to suit specific needs. Its convenient location in Lomita offers easy access to major transportation routes and a strong local customer base. The 0.11-acre lot provides sufficient space for parking and potential outdoor storage or expansion projects. This property is ideal for investors seeking a strong return on investment or business owners looking to establish or relocate their operations. The flexibility afforded by the zoning makes this a truly versatile commercial opportunity. Serious inquiries are encouraged to explore the potential of this prime commercial property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $817,664
- 6.5%
- $754,767
- 7%
- $700,855
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,063,957
- Geo Method
- $1,063,957
-
Alternative Use
- Use
- Valuation
- Residential
- $636,674
- Hospitality
- $583,190
- Educational
- $485,207
- Medical
- $501,894
- Retail
- $754,767
Location Insight
- City
- Lomita
- County
- Los Angeles
- State
- California
- Latitude
- 33.7891
- Longitude
- -118.312
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].