Extremely rare corner lot offering on the famous CA Route 1, Pacific Coast Highway. 90' of frontage on PCH. 0.40 Acres Zoned commercial in the city of Lomita. Owner has concept drawings and plans for a potential drive-thru establishment. Currently operating as a used car dealership, this is an ideal opportunity to purchase frontage on PCH, and either redevelop, or hold onto and continue operating a similar line of business. Currently occupied by owner/user and will be delivered vacant upon COE. Parcels included are: 7553-007-054, 7553-007-016, 7553-007-053.
Extremely rare corner lot offering on the famous CA Route 1, Pacific Coast Highway. 90' of frontage on PCH. 0.40 Acres Zoned commercial in the city of Lomita. Owner has concept drawings and plans for a potential drive-thru establishment. Currently operating as a used car dealership, this is an ideal opportunity to purchase frontage on PCH, and either redevelop, or hold onto and continue operating a similar line of business. Currently occupied by owner/user and will be delivered vacant upon COE. Parcels included are: 7553-007-054, 7553-007-016, 7553-007-053.
Newly renovated 2,800 square foot office space in the heart of Lomita. Interior has an open layout and is ready to be built to suit your business. Current layout includes reception area, one private office, and two private restrooms. Natural lighting throughout. New A/C and Heat with new ducting. Eight parking spaces plus street parking. Building offers major street frontage off of Narbonne Avenue. Zoned Commercial-General. Tenant to pay utilities, trash and maintenance.
This restaurant is in the wealthy neighborhood with no competitor within a 30 min drive. The owner makes more than 1 million dollars gross revenue, and 250k income annually. The restaurant has been operating for 6 years since 2017 and owner obtained her green card through this business. It serves popular Chinese cuisine, with very stable customers coming every week. Most of its customers dine here after work at nearby companies, such as airports, Toyota or after church service. It’s very well-known in the neighborhood with a rating for 4.5 stars! The kitchen and the dine-in areas are very spacious 3,342 Sqft. 2 extra rooms for holding private parties. The electrical equipments and air conditioners are newly installed and well-maintained. The rent is around $10,000 a month, including Hoa and utilities. On weekdays, it makes 2000~3000 dollars/ day. On weekend, it makes 4000~5000 dollars/ day. The restaurant owner successfully applied her green card through this business. So this restaurant is competent for the owner to apply for a green card.
The median home value in Lomita, CA is $750,000. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Lomita, CA is $750,000. Approximately 41.99% of Lomita homes are owned, compared to 53.69% rented, while 4.32% are vacant. Lomita real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lomita real estate agent to arrange a tour today!
Lomita, California has a population of 20,884. Lomita is less family-centric than the surrounding county with 27.05% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Lomita, California is $85,852. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Lomita is 39.5 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 13.9 inches per year, with 0 inches of snow per year.