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24816-24820 Narbonne Ave 3,210 sq ft Vacant Retail Property Lomita, CA 90717 £740,350 (£230.64/sq ft) 7.17% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Vacant Office Building
  • Priced at $413.22/Sq.Ft
  • Priced at $146.50/Lot Sq.Ft

EXECUTIVE SUMMARY

24816 Narbonne Ave is a vacant office building located in Lomita, 90717. The size of the building is 2,904 SqFt and the lot size is 8,191 SqFt. The major cross streets are Lomita Blvd and Eshelman Ave.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER sq ft
Gross Rental Income £55,882 £17.41
Other Income - -
Vacancy Loss - -
Effective Gross Income £55,882 £17.41
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual £55,882
Annual Per sq ft £17.41
Other Income
Annual -
Annual Per sq ft -
Vacancy Loss
Annual -
Annual Per sq ft -
Effective Gross Income
Annual £55,882
Annual Per sq ft £17.41
Net Operating Income
Annual -
Annual Per sq ft -

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Shopfront
Property Size
3,210 sq ft
Costar Property Class
C
Year Built
1950
Price
£740,350
Price per sq ft
£230.64
Yield
7.17%
NOI
£53,088
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.41
Total Plot Size
0.18 ac
Use Class
LOCG*
Frontage
58 ft on Narbonne Ave

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • Bob Bruton Screen Service
  • Construction
  • -
  • -
  • -
  • Wholesaler
  • -
  • -
  • -

Keep Clean is a service-oriented equipment sales and janitorial supply distribution company that has been fulfilling the needs of companies in Southern California since 1946. Their friendly staff delivers supplies that you use daily right to your door. It a distributor of Kimberly Clark, Bay West, and other paper lines, a full line of cleaners, soaps and floor finishes and other chemicals, and stocks a full line of autoscrubbers, riding scrubbers, floor machines, vacuums, carpet cleaners and other machines. In December 2020, Keep Clean was acquired by the Aramsco Family of Companies.

  • Lomita Country Antique
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
Bob Bruton Screen Service Construction - - -
Wholesaler - - -
Lomita Country Antique Retailer - - -
Walk Score®
Easily Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

Club Pilates
StretchLab
Corepower Yoga
Grocery Outlet
Trader Joe's
Nijiya Market
Veggie Grill
Kinecta Federal Credit Union
IHOP
Gyu-Kaku Japanese BBQ

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7376-016-005
Land Assessment
£32,281 (2025)
Improvements Assessment
£36,645 (2025)
Total Assessment
£68,927 (2025)
  • Listing ID: 35396384

  • Date on Market: 07/04/2025

  • Last Updated:

  • Address: 24816-24820 Narbonne Ave, Lomita, CA 90717

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