Lomita, CA 90717,24800 Narbonne AVE
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Lomita, CA 90717,24800 Narbonne AVE
Lomita, CA 90717,24800 Narbonne AVE
Lomita, CA 90717,24800 Narbonne AVE
Lomita, CA 90717,24800 Narbonne AVE

$900,000

Est. payment /mo

$975,000

7.7%
Est.Price: ?

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24800 Narbonne AVE Lomita, CA 90717

8,925 Sqft Lot

SOLD DATE : 12/30/2022

Key Details

Sold Price $900,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB22161170

Sold Date 12/30/22

HOA Y/N No

Year Built 1924

Annual Tax Amount $3,866

Lot Size 8,925 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 121 - Lomita

Interior

Heating Electric

Fireplace No

Laundry None

Exterior

Fence Chain Link, Excellent Condition

Building

Lot Description Corner Lot

Water Public

Others

Tax ID 7376016001

Security Features 24 Hour Security

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Henry Munoz • Breakwall Real Estate & Loans
Bought with Henry Munoz • Breakwall Real Estate & Loans
agent

Julian Esparza

Realtor | License ID: 02074599

+1(619) 382-0383

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