

Listed by RE/MAX Commercial & Investment Realty
$1,725,000
24632 Narbonne
Details
APN 7376017001
Property Type Retail
Sub Type Commercial
Square Footage 4,700
Cap Rate 7.00%
NOI $126,900
Price per SqFt $367
Year Built 1954
Stories 1
Acreage 0.295
Zoning CG (Commercial General
Parking Spaces 15 spaces
Parking per 1,000 SqFt 3.19
Retail | 7.00% CAP | 4,700 SqFt
Marketing description
The subject property is a 4,700 square foot single story commercial building on Narbonne Avenue on a double lot (12,832 square feet) with a rear yard and additional parking for 15 vehicles. Narbonne is essentially the "Main Street" of Lomita, and has excellent visibility and signage as well. It is across from the Lomita Steam Magnet Elementary School. The property is owner occupied and has been a successful flooring business for many years. The zoning is CG (Commercial General) which allows a broad range of uses including retail, office, service business such as a gym or fitness center subject to meeting parking requirements. The front show room area is approximately 46' wide and 66' deep. There is a private office, an office/supply room and a bathroom in the back portion which also has a warehouse area with one large roll up door and a regular door, both with concrete ramps built in. The ceilings have been finished with drywall and provide a 12' clear height. Depending on the area of the building and location of roof joists, there might be room to provide additional clear height (buyer to verify). The property will be Delivered vacant at close of escrow. Please do not disturb the tenants, showings are by appointment with listing broker only.
Listing Contacts


Listed by RE/MAX Commercial & Investment Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$126,900.00
$10,575.00/mo
Valuation Metrics
0
DSCR
7.36%
Cap Rate
7.36%
ROI
Map
Zoning
DC CommercialSpecial CommercialDowntown Commercial
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View all 28 uses
View all 28 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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