Lomita, CA90717
| MLS# PW24065579
Tract:
For Sale $7,900,000
Description
Attention Developers!! 1.1acre land is on Lomita Blvd., in the city of Lomita with approximately 290 feet of frontage. Zoning LOCG or mixed use (check with the city). This property is ideal for development. This land is about1.1 acres and currently has 8-unit apartment (4 units of which are vacant), and a retail lawn mower shop with an adjoining X-space parking lot. The existing buildings can be rented for income as-is,or redevelopment. This may be great opportunity to develop both commercial and residential projects. It is close to Torrance Municipal Airport, Crossroad Shopping Center and Torrance Memorial Medical Hospital. There are 5 APN#s, 7376-011-007,008,018,019,032. Currently, there is $7,170 rental income from apartment. Lawn mower shop would be vacated at the end of escrow.
Facts
| Built in | Lot Size: 47805.00 sqft | HOA Dues: $0/month
Features
Listing provided by Jong Lee, Bow Tie Realty & Investment
Based on information from California Regional Multiple Listing Service, Inc. as of June 28, 2025. 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, 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.