Sold
24800 Narbonne Avenue
Lomita CA, 90717
$900,000
$375.00 per sqft
Sold
2,400 sqft
Commercial
Built in 1924
Listed by Henry Munoz with Breakwall Real Estate & Loans 310-504-1577
GREAT INVESTMENT & DEVELOPMENT OPPORTUNITY .PHASE 1 & 2 CLEARANCE COMPLETED AND CLEAR .ZONING DESCRIPTION ,COMMERCIAL GENERAL .THIS CORNER LOT HAS NOT BEEN AVAILABLE FOR 70 PLUS YEARS.LOT SIZE IS 8,927 SQFT. 2,400 SQFT CORREGATED METAL STRUCTURE WITH STEEL TRUSS AND CONCRETE FOUNDATION.FENCING IS CHAIN LINK AND ROLLING GATE.INGRESS AND EGRESS IS OBTAINED FROM A DRIVEWAY ON NARBONNE & A DRIVEWAY ON 248TH STREET.APN# 7376-016-001 & APN#7376-016-003
**COMMERCIAL FINANCING AVAILBLE***MINIMAL DOCUMENTATION ASSET BASED LOAN IN PLACE FOR BUYER** LENDER HAS APPROVED THE PROPERTY***
LONG TERM ,60 YEARS ,MONTH TO MONTH TENANT WILL BE VACATING IN 8 MONTHS OR LESS. TENANT HAS EXPRESSED INTEREST IN SELLING STRUCTURAL STEEL FABRICATION BUSINESS , EQUIPMENT AND ACTIVE ACCOUNTS.THERE ARE A FEW OPTIONS REGARDING THE BUSINESS PURCHASE WITH THE REAL ESTATE AS A SEPERATE TRANSACTION.
POTENTIAL BUYER TO PERFORM DUE DILIGENCE WITH THE CITY OF LOMITA REGARDING DEVELOPMENT PROJECTS.
SB22161170
MLSⓇ ID
July 20, 2022
Listed
March 23, 2024
Updated
Map
24800 Narbonne Avenue
Lomita CA, 90717
Interior Features
Laundry Description
None
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.2 Acres
Lot Features
Corner Lot
Other Property Details
Area Name
121 - Lomita
Taxes
$3,866
Tax Frequency
Annually
Days on Market
56
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Listing Contact: 310-504-1577
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:43 AM UTC