www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33751591
33751590

24632 Narbonne Ave, Lomita, CA 90717

SL
CA 01164364
RE/MAX Commercial & Investment Realty
Listed by RE/MAX Commercial & Investment Realty
$1,725,000
16 days on market
Updated 16 days ago

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

SL
CA 01164364
RE/MAX Commercial & Investment Realty
Listed by RE/MAX Commercial & Investment Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
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

Intelligence Badge
DC CommercialSpecial CommercialDowntown Commercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 28 uses
View all 28 uses
Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591