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Millman Team Real Estate

$1,220,000
0.13 Acre Lot

1903 Pacific Coast Highway, Lomita, California 90717

  • Commercial Sale Property Type
  • 1955 Year Built
Property Description

Fully leased commercial investment at the signalized intersection of Pacific Coast Highway and Walnut Street in Lomita. The property features approximately 2, 294 SF across two suites on a 5, 706 SF lot, with six parking spaces (includes one ADA space). Tenants include KANZEN MEAL (U.S.A.), INC., a subsidiary of Nissin Foods, and Yadidi Law Firm, with additional billboard income from OUTFRONT Media. Both suites feature NNN leases with scheduled annual rent increases. Based on rents effective November 5, 2026, annualized NOI is approximately $85, 408, representing a 7.0% cap rate at the $1, 220, 000 asking price, based on owner-confirmed reimbursement of all property operating expenses. Recent improvements include a roof replacement in 2024, insulation and radiant barrier installation and parking lot sealcoating and restriping in 2025, and exterior painting in 2026. A compelling opportunity to acquire an income-producing property along Pacific Coast Highway. Please do NOT disturb or contact tenants. Showings are available only following acceptance of an offer and must be coordinated through the listing agent. Buyer to independently verify all property and financial information.

Basic Details
Commercial Sale
For Sale
26102248
$1,220,000
1955
0.13 Acre
Active
Features
: Heat Pump, Central
: Cable Available, See Remarks, Natural Gas Available
$0
Address Map
CA
Los Angeles
Lomita
90717
PACIFIC COAST
1903
Highway
W119° 41' 15.7''
N33° 47' 22.8''
On the North-West corner of Pacific Coast Hwy and Walnut St, located in the City of Lomita, CA
121 - Lomita
LOCG*
Additional Information
$0
$0
$0
$0
$0
2294
Heavy
2
2026-10-14
1
: Public
Broker/Agent Information
Turnstone Realty
Bobby Babai
Listing Information
CLW-C122216
CLW-X81445
Active
2026-10-15T17:59:35Z
CRMLS
: Standard
2026-10-14T00:00:00Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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