Financial
Distress signals
Property profile

23902 Narbonne Ave Lomita, CA 90717

OFF-MARKET
Turn key restaurants
Property ID
US09-9218635
2,310 SF 0.37 ac lot Built 1937
Last sale Sep 1990 · $450,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 23902 Narbonne Avenue is configured to support a sit-down restaurant use and has historically operated as a Mexican restaurant for over four decades. The premises include restaurant equipment, front and rear entrances, separate men’s and women’s restroom facilities, and on-site parking for customer arrival. A beer and wine license is in place as part of the operating history. The site is located near downtown Lomita and Lomita City Hall, near the Torrance border. Permitted uses and any proposed change of use should be verified with the City of Lomita.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$18k
Tax billed · 2024
Assessed value$1.12M
Assessed land$804k
Assessed improvement$312k
Effective rate1.62%

Value estimate

· Sep 2026
$330k
$297k – $363k
AI approach$335k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$651/SF
County average, outlier-cleaned · 934 recorded sales of this use type
Observed band · Q1–Q3$272 – $1,124
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LOCG*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility19.1
Food Market13.5
Grocery Store11.4

Location

23902 Narbonne Ave Lomita, CA 90717-1109
County assessor Recorded deeds · 12 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24816 Narbonne, Lomita, CA 90717-1524 $960,000 Feb 2026 2,904 SF
1815 Pacific Coast, Lomita, CA 90717-2721 $2,050,000 Sep 2024 2,768 SF
2270 Pacific Coast, Lomita, CA 90717-2532 $2,000,020 Dec 2023 2,160 SF
24630 Narbonne, Lomita, CA 90717-1618 $850,008 May 2023 2,274 SF
2005 Lomita, Lomita, CA 90717-1701 $1,220,000 Dec 2022 2,400 SF
2231 Lomita, Lomita, CA 90717-1401 $750,000 Oct 2022 2,688 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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