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Property profile & analytics
OFF-MARKET
Auto shops

2002 Pacific Coast Hwy Lomita, CA 90717-2605

924 SF 0.2 ac lot Built 1964
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US09-9741921
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1964
Construction WOOD
Total area 924 SF
Lot 0.2 ac (8,906 SF)
Zoning code LOCG*
APN 7553-007-054
UPID US09-9741921
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
Current use
Occupant on record · Public records
  • Jim’s Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
SR Pacific LLC · 4 yrs held
SR Pacific LLC
since 2021
7 recorded transactions
2021
Price N/A
2021
Price N/A
2021
Price N/A
2021
Price N/A
2018
Price N/A
2010
Price N/A
2008
Price N/A
Zoning & alternative use
LOCG* · Lomita, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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