25807 Walnut StLomita, CA 90717

  • Retail properties
  • 1,750 SF
For Sale
$950,000 View listing

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
25807 Walnut St, Lomita, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,167
$330,955
$119,152
$450,107
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