Two-Story Retail/Office
2315 Pacific Coast Highway Lomita, CA 90717
For Sale
$2,200,000
Two-story retail and office building with 20 surface parking spaces and 100% occupancy by two month-to-month tenants.
Property Size5,500 SF
Price / SF$400
Days on Market75
Property Features for 2315 Pacific Coast Highway
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1987
Listing Agency:
Locale Real Estate
(310) 889-6258
Listed By:
Geancarlo Pilco · License #01438220
(310) 889-6258
Source:
Compass
Added: May 10
Changed: Jul 23
Last Checked: Jul 23 at 4:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Locale Real Estate
Investment Insights
Based on property information with market context.
2315 Pacific Coast Highway is a two-story retail/office building offering a flexible floor plan suitable for mixed commercial use. The property totals 5,500 square feet on a 13,224 square foot lot and includes 20 surface parking spaces for customer and tenant access.
The building is fully occupied by two long-time month-to-month tenants. The in-place monthly gross rent is $5,600. Located in Lomita along Pacific Coast Highway, the asset benefits from prominent visibility and is positioned for an owner-user or investor looking for a South Bay commercial property with ongoing tenant demand.
The building is fully occupied by two long-time month-to-month tenants. The in-place monthly gross rent is $5,600. Located in Lomita along Pacific Coast Highway, the asset benefits from prominent visibility and is positioned for an owner-user or investor looking for a South Bay commercial property with ongoing tenant demand.
Key Highlights
- 5,500 SF two‑story retail/office building on a 13,224 SF lot along Pacific Coast Highway
- 20 surface parking spaces
- 100% occupied by two long‑time month‑to‑month tenants
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.1k | $33.84 |
| − Vacancy | −$12.3k | −$2.23 |
| EGI | $173.8k | $31.61 |
| − OpEx | −$52.2k | −$9.48 |
| NOI | $121.7k | $22.12 |
5,500 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.74M
$1.52M – $2.03M
NOI $121,685 @ 7.0% cap · market cap 5.53%
Second Best
Office B
$1.72M
$1.50M – $2.00M
NOI $120,226 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$2.94M
$2.58M – $3.44M
NOI $206,128 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Buddahist Compassion Relief
Charitable Organization
Charmcraft Plaza
Shopping Center & Mall
FAQs
What type of property is this?
Mixed-use property - Two-story retail and office building with 20 surface parking spaces and 100% occupancy by two month-to-month tenants.
Where is this mixed-use property located?
The property is located at 2315 Pacific Coast Highway Lomita, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 5,500 SF two‑story retail/office building on a 13,224 SF lot along Pacific Coast Highway; 20 surface parking spaces; 100% occupied by two long‑time month‑to‑month tenants
