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2300 Pacific Coast Highway, Lomita, CA 90274
Priced at Only: $6,100,000
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Address: 2300 Pacific Coast Highway, Lomita, CA 90274
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  • MLS#: SB25264735 ( Retail )
  • Street Address: 2300 Pacific Coast Highway
  • Viewed: 1
  • Price: $6,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 98
  • Additional Information
  • County: LOS ANGELES
  • City: Lomita
  • Zipcode: 90274
  • Provided by: Jill Medawar
  • Contact: Jill Jill
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    23002312 Pacific Coast Highway presents an exceptional opportunity to acquire a neighborhood shopping center strategically positioned in the heart of Lomita. The property benefits from outstanding visibility along Pacific Coast Highway, one of the most heavily traveled routes in the South Bay, and draws consistent consumer traffic from the surrounding residential neighborhoods. Featuring a strong mix of daily needs tenants and service oriented operators, the center enjoys reliable income streams while offering clear potential for increased revenue through future lease up and rent adjustments. Potential CAP rate 6.45% once rented
Features
Accountingtype
  1. ProForma
Additional Parcels Description
  1. 7553001040
Anchors Cotenants
  1. First Citizens Bank
  2. Pizza Kraft
  3. Project Barley Brewery
  4. Beach Tennis
  5. CrossFit Provoke
Building Area Total
  1. 13250.00
Commoninterest
  1. None
Country
  1. US
Electric Expense
  1. 2400.00
Insurance Expense
  1. 6600.00
Land Use
  1. Retail
Laundry Features
  1. None
Netoperatingincome
  1. 393450.00
Parcel Number
  1. 7553001039
Property Type
  1. Retail
Totalexpenses
  1. 21180.00
Trash Expense
  1. 11580.00
Uncovered Spaces
  1. 33.00
Water Sewer Expense
  1. 1200.00
Water Source
  1. Public
Zoning
  1. LOC3* - Retail
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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