24630 Narbonne Avenue Lomita, CA $ 1,200,000
24630 Narbonne Avenue
$ 1,200,000
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24630 Narbonne Avenue

Lomita, CA, 90717
$ 1,200,000
Bedrooms-- Baths1.0 Sq 2,274

Monthly Estimate*

$ 7,577

Listed by Compass
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Commercial Property for sale in Lomita, CA

for $1,200,000 with 1 full bath. This 2,274 square foot building was built in 1979 on a lot size of 0.137.

Located in the heart of Downtown Lomita, this prime commercial property is situated on a highly visible lot with a spacious interior and features over 114 feet of frontage on Narbonne Avenue. The building is configured as two separate units, each with its own private entrance, restroom, and air conditioning, making it ideal for an owner-user, multiple tenants, or an investment opportunity. Currently the retail business uses both units in an open concept design. Additional highlights include seven on-site parking spaces, ADA-compliant restrooms, a new A/C unit serving the north side of the building, and a rear office with its own private entrance and plumbing for a hair salon. LOCG zoning, the property supports a wide variety of commercial uses and may offer the potential for second-story residential development, creating additional value and long-term investment potential (buyer to verify). With an estimated traffic count of over 800 vehicles per hour along Narbonne Avenue, the property benefits from outstanding exposure. The owner is currently in the process of renovating the building's façade, giving the property a fresh new look that will further enhance its curb appeal. Offered vacant at closing. For the complete financial profile, please see the offer memorandum.

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Commercial Coming Soon

Price

$ 1,200,000

Full Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.137

Year Built

1979

Town/City

Lomita

County/Region

Los Angeles

MLS | Web ID

PV26138823

Days on Market

2

Features
General
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Exclusions Chandelier in the store space. Perimeter fence in parking lot. ALL store furnishings and merchandise. Dyson hand dryers in bathrooms.
Year Built 1979
Property Subtype Retail
Tax Year 2025
Current Use Commercial
County Los Angeles
Net Operating Income 57487
Operating Expense 54967
Insurance Expense 1490
Property Type Commercial Sale
MaintenanceExpense 3000
Special Listing Conditions Standard
Status Coming Soon
Directions Between 248th and Lomita Blvd
City Lomita
Open Parking Spaces 7
Number Of Units Total 2
MLS Area 121 - Lomita
Lot Size Units Square Feet
Lot Size Square Feet 5969
Listing Terms Cash Cash to Existing Loan Cash to New Loan Contract Submit
Electric Expense 6400
Water Sewer Expense 400
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Coming Soon
Occupancy Type Owner
Property Sub Type Additional Retail
Expected Active Date 2026-07-20
Cap Rate 6.76
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Interior
Total Stories 1
Air Conditioning Y/N true
Laundry Features None
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre Paved Street Level
Water Source Public
Total Parking 7
Lot Size Area 5969
Building Area Total 2274
Lot Size Acres 0.137
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

jessiqa@thekondogroup.com

Email

Affordability Calculator

$7,577
Per Month
100%
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Monthly Principal & Interest
$7,577
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/29/2026$1,200,000 Listed Price

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24630 Narbonne Avenue, Lomita, CA, 90717 is a Commercial Property for sale at $1,200,000 with 2,274 sqft and a lot size of 0.137. 24630 Narbonne Avenue has 1.0 baths and was built in 1979. The property's zip code is 90717 which is in Lomita, CA