Current Use by Public Records
- Retail properties & Spaces
Property Details for Hwy
- Year built
- 1964
- Lot size
- 0.40 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional 0.4-acre commercial property boasts an unparalleled location on the iconic Pacific Coast Highway (Route 1) in Lomita, California. The property features a substantial 90 feet of frontage on PCH, ensuring maximum visibility and accessibility for any business. Currently operating as a used car dealership, the property is being offered vacant upon close of escrow. The seller is highly motivated and offers considerable flexibility, including the possibility of a land lease or build-to-suit arrangement to accommodate a buyer's specific needs. Concept drawings and plans for a potential drive-thru establishment are available. This rare corner lot presents a unique opportunity for a variety of commercial ventures, capitalizing on the high-traffic volume and prime location. The property is zoned commercial and includes parcels 7553-007-054, 7553-007-016, and 7553-007-053, totaling 924 square feet of building space. Don't miss this chance to secure a highly desirable commercial property on one of California's most renowned highways. The property's versatility and prominent location make it an ideal investment for discerning buyers seeking a high-impact commercial presence. The seller's willingness to explore various options ensures a smooth and adaptable transaction.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lomita
- County
- Los Angeles
- State
- California
- Longitude
- -118.316
- Latitude
- 33.794
