26344 Western Ave Lomita, CA 90717-3522
This exceptional 1,080-square-foot retail property at 26344 Western Avenue in Lomita, California, presents a unique investment opportunity. This fully operational restaurant is available for sale, offering a turnkey solution for aspiring restaurateurs or established brands seeking expansion. Recently renovated in 2023, the property boasts brand-new electrical and plumbing systems, ensuring a smooth transition for the new owner. The building sits on a 0.15-acre lot and includes ample private parking for up to ten vehicles, a significant advantage in a high-traffic area. All necessary government approvals are in place, simplifying the transfer of permits and licenses. The restaurant is fully equipped with modern kitchen appliances and fixtures, eliminating the need for costly tenant improvements or lengthy approval processes. The property's excellent condition allows for immediate occupancy, with only cosmetic updates needed to personalize the space. This is a rare opportunity to acquire a fully operational restaurant with minimal upfront investment and a streamlined transition process. The seller is also open to leasing options. This property is priced at $989,000.
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, CALomita. Always verify with local authorities before improvements.
Costs & 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.