1901-1905 Pacific Coast Hwy, Lomita CA 90717
2nd Generation Restaurant + Retail Space; Signalized Corner; Billboard Income; Great For Owner User
Marketing description
2nd Generation Restaurant + Retail
Two (2) Retail Units | Signalized Corner | Billboard Income
Offered Vacant - Owner-User Opportunity
or Immediate Lease-Up
Approx. 2,294 SF Building
Approx. 5,706 SF Lot
Building Improvements and Amenities:
- New multi-layer roof installed in late 2024
- New insulation with radiant barrier installed in 2025
- Five parking spaces + one ADA parking space
- Large trash enclosure in parking lot
1901 PCH Improvements (2nd Generation Restaurant Space):
- Approx. 1,736 SF
- 11 Ft Type I hood
- 4 Ft Type I fryer hood
- Dishwasher hood
- 750-gallon in-ground grease interceptor in the parking lot
- Fire suppression system for the two Type I hoods
- 450 Amp, 120/208V, 3-phase electrical service
- High output natural gas
- Ethernet cabling throughout the space
- 15-ton HVAC unit serving the kitchen areas
- 2.75-ton HVAC unit serving the lobby area
- Fiberglass Reinforced Plastic (FRP) wall panels
- Ceramic tile flooring
- New built-in storefront furniture
- New ceiling tiles
- New LED panel lights
- Triple signage available
1905 PCH Improvements (Retail Space):
Approx. 558 SF
New HVAC split system
New ceiling tiles
225 Amp, 120/208V, 3-phase electrical service
Double signage available with existing box signs
Investment highlights
PROJECTED STABILIZED NOI (NNN)
Upon lease-up of vacant retail units
Proforma Retail Base Rent:
1901 PCH (1,736 SF @ $2.95/SF):
~$61,454*/Y ear
1905 PCH (558 SF @ $2.95/SF):
~$19,754*/Y ear
Total Retail Base Rent:
~$81,208*/Y ear
Billboard Income (Actual): $3,600/Y ear,
due to increase to $4,200/Y ear in 11/2026.
Total Proforma NOI (on NNN Basis):
~$84,800*/Y ear
Proforma Cap Rate = Approx. 6.8%*
Based on projected stabilized NNN income and the asking
price of $1,250,000, consistent with comparable retail
transactions in the local market.
*Proforma Income and cap rate projections are provided for
reference purposes only and do not constitute a representation
or guarantee of value.
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