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Millman Team Real Estate

$1,500,000
0.09 Acre Lot

24606 Narbonne, Lomita, California 90717

  • Commercial Sale Property Type
  • 1922 Year Built
Property Description

Discover an exceptional mixed-use investment opportunity in the City of Lomita. Located along Narbonne Avenue, this eight-unit property combines ground-floor commercial space with residential units above, offering investors the potential for diversified rental income from both commercial and residential tenants. The property features two ground-floor commercial retail units and six residential units on the upper level, consisting of four studios, one one-bedroom unit, and one two-bedroom unit. This combination of commercial and residential occupancy offers multiple income streams within a single investment property. With its mixed-use configuration and location in Lomita, 24606 Narbonne Avenue presents an opportunity for investors seeking to expand their portfolio with a property serving both business and residential rental markets. Whether you are an experienced multifamily investor or looking to enter the mixed-use investment market, this property offers the potential to generate income from two distinct rental sectors while providing flexibility for long-term investment strategies.

Basic Details
Commercial Sale
For Sale
PV26223838
$1,500,000
1922
0.09 Acre
Active
Mixed Use
Features
: None
$0
Address Map
CA
Los Angeles
Lomita
90717
Narbonne
24606
W119° 40' 49.1''
N33° 48' 7.5''
110 FREEWAY exit PCH -west to Narbonne south - S/E corner of Narbonne and Lomita
121 - Lomita
Additional Information
$0
$0
$0
$0
$0
7026
: Brick
2
: 6-10 Units/Acre
39
2026-10-15
2
: Public
Broker/Agent Information
Luxury PV Realty
Victor Liu
Listing Information
PVLIUVIC
PV8589
Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Active
2026-10-16T08:01:35Z
CRMLS
: Standard
2026-10-15T09:36:19Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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