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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

Pacific Coast Hwy Hwy Lomita, CA 90717

924 SF 0.4 ac lot Built 1964
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a rare opportunity to own a significant piece of the iconic Pacific Coast Highway in Lomita, California. Boasting 924 square feet on a sizable 0.4-acre corner lot, this property offers 90 feet of prime frontage along the bustling PCH (CA Route 1). Currently operating as a used car dealership, the property is zoned commercial and provides immense flexibility for future development. The seller has already developed concept drawings and plans for a potential drive-thru establishment, showcasing the property's adaptability to a variety of businesses. This presents a unique chance to capitalize on the high visibility and traffic volume associated with this coveted location. The property will be delivered vacant upon close of escrow, allowing for immediate occupancy or redevelopment. The sale includes three parcels: 7553-007-054, 7553-007-016, and 7553-007-053, providing a consolidated and easily managed ownership. With its strategic location, substantial size, and existing infrastructure, this property is an ideal investment for both seasoned developers and astute business owners seeking a high-impact location on one of California's most recognizable roadways. The asking price is $2,999,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1964
Total area 924 SF
Lot 0.4 ac (17,424 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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