2002 Pacific Coast Hwy Lomita, CA 90717-2605
This exceptional 0.4-acre commercial lot, situated on the highly visible Pacific Coast Highway (CA Route 1) in Lomita, presents a rare development opportunity. Boasting 90 feet of frontage on PCH and a total land area of 17,620 square feet, this property is zoned CR and offers significant potential for a variety of commercial uses. Concept drawings and plans for a drive-thru establishment are available. The property currently operates as a used car dealership but will be delivered vacant upon close of escrow. This versatile offering provides flexibility for potential buyers or lessees, with options including a land lease or build-to-suit arrangement. The 924 square foot existing building is included in the sale. The property consists of three parcels: 7553-007-054, 7553-007-016, and 7553-007-053, providing a consolidated and easily managed site. Its prime location on a major thoroughfare ensures high visibility and accessibility, making it an ideal location for a drive-thru restaurant, retail outlet, or other commercial enterprise. This is a unique opportunity to acquire a highly desirable commercial property in a thriving coastal community. Don't miss this chance to capitalize on this exceptional location and create a successful business venture.
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Jim’s Auto Sales Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LOCG* · Lomita, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.