2366 Pacific Coast Hwy Lomita, CA 90717
- Community centers
- 5,725 SF
- 0.54 lot acres
Current Use by Public Records
- Community centers
Property Details for 2366 Pacific Coast Hwy
- Year built
- 1974
- Lot size
- 0.54 lot acres
- Property size
- 5,725 SF
- Zone code
- LOC3*
- Property type
- Community centers
- APN
- 7553-004-099
- APU
- 7553004099
Description
This exceptional retail property, located at 2366 Pacific Coast Highway in Lomita, California, presents a compelling investment opportunity. The 5,725 square foot property sits on a 0.51-acre lot at the highly visible corner of Pennsylvania Avenue and Pacific Coast Highway, ensuring maximum exposure. The property comprises two separate buildings, currently housing multiple retail tenants, all but one of which are long-term occupants. This creates a stable stream of income, ideal for investors seeking a reliable return. The vacant unit offers flexibility
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,610,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,550,000
- 6.5%
- $1,595,000
- 7%
- $1,390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,570,000
- Geo Method
- $1,545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,205,000
- Retail
- $1,495,000
- Mixed-Use
- $1,615,000
- Hospitality
- $1,335,000
- Educational
- $1,385,000
- Residential Income
- $1,590,000
- Energy
- $1,575,000
- Income-Based Land
- $1,350,000
- Food Service
- $1,570,000
Location Insight
- Map
- Local Demand
- City
- Lomita
- County
- Los Angeles
- State
- California
- Longitude
- -118.325
- Latitude
- 33.7891
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA