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24123 Narbonne Avenue

Lomita, CA 90717
  • $1,300,000
  • STATUS: Active
  • ON SITE: 148 Days
  • ID#: SB24066785
UPDATED: 217 min ago
$1,300,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1961
County:
Area:

School Ratings & Info

Listing Agent(s): Charles Fisher of Re/Max Estate Properties (310-937-5700)


Description

Introducing an unparalleled opportunity in the heart of Lomita. Welcome to 24123 Narbonne Avenue, a captivating and meticulously crafted property poised on a sprawling 6,382-square-foot lot, featuring a meticulously designed building spanning 1,540 square feet. Nestled on the coveted West side of Narbonne Avenue, this property commands attention with its exceptional visibility and prime frontage along a bustling, pedestrian-friendly thoroughfare. Boasting a versatile layout, the building is currently outfitted with a full-service bar and two well-appointed bathrooms and sustains a 10-year old roof. Step outside onto the inviting front patio, complete with bar seating, offering the perfect setting for al fresco gatherings. Enhancing the ambiance, a sizable window effortlessly transforms into an open-air experience, seamlessly blending indoor comfort with outdoor allure. A rear door leads to a private back space, ideal for hosting exclusive events, while providing access to ample parking accommodations. With eight dedicated parking spaces, including one handicap-accessible spot, and ample room for potential expansion, this property ensures flexibility for future growth and adaptation to evolving needs. Don't miss this rare opportunity to secure a prime commercial space in one of Lomita's most sought-after locations. Discover the endless possibilities that await at 24123 Narbonne Avenue. Currently holding a long term stabilized tenant.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-13T00:33:02.94. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/149200510
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24123 Narbonne Avenue Lomita, CA 90717

  • Price: $1,300,000
  • Status: Active
  • On Site: 148 Days
  • Updated: 217 min ago
  • ID#: SB24066785
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1961
Built
Neighborhood:
121 - Lomita
County:
Los Angeles
Area:
121 - Lomita
Property Description
Introducing an unparalleled opportunity in the heart of Lomita. Welcome to 24123 Narbonne Avenue, a captivating and meticulously crafted property poised on a sprawling 6,382-square-foot lot, featuring a meticulously designed building spanning 1,540 square feet. Nestled on the coveted West side of Narbonne Avenue, this property commands attention with its exceptional visibility and prime frontage along a bustling, pedestrian-friendly thoroughfare. Boasting a versatile layout, the building is currently outfitted with a full-service bar and two well-appointed bathrooms and sustains a 10-year old roof. Step outside onto the inviting front patio, complete with bar seating, offering the perfect setting for al fresco gatherings. Enhancing the ambiance, a sizable window effortlessly transforms into an open-air experience, seamlessly blending indoor comfort with outdoor allure. A rear door leads to a private back space, ideal for hosting exclusive events, while providing access to ample parking accommodations. With eight dedicated parking spaces, including one handicap-accessible spot, and ample room for potential expansion, this property ensures flexibility for future growth and adaptation to evolving needs. Don't miss this rare opportunity to secure a prime commercial space in one of Lomita's most sought-after locations. Discover the endless possibilities that await at 24123 Narbonne Avenue. Currently holding a long term stabilized tenant.
Exterior Features

Entry Level 1 Lot Features 0-1 Unit/Acre

Property Features

Additional Parcels YN No Cap Rate 4.5 Common Interest None Gross Scheduled Income 72000 Insurance Expense 3000 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms CashCash to New LoanConventionalFHASubmit Net Operating Income 63000 Operating Expense 9000 Property Sub Type Mixed Use Special Listing Conditions Standard Tax Annual Amount 6000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-13T00:33:02.94. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Charles Fisher of Re/Max Estate Properties (310-937-5700)