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24800 Narbonne Avenue

Lomita, CA 90717
  • $975,000
  • STATUS: Active Under Contract
  • ON SITE: 74 Days
  • ID#: SB22161170
Under Contract
UPDATED: 22 min ago
$975,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1924
County:
Area:

School Ratings & Info

Listing Agent(s): Henry Munoz of Breakwall Real Estate & Loans (310-504-1577)


Description

GREAT INVESTMENT & DEVELOPMENT OPPORTUNITY .PHASE 1 & 2 CLEARANCE COMPLETED AND CLEAR .ZONING DESCRIPTION ,COMMERCIAL GENERAL .THIS CORNER LOT HAS NOT BEEN AVAILABLE FOR 70 PLUS YEARS.LOT SIZE IS 8,927 SQFT. 2,400 SQFT CORREGATED METAL STRUCTURE WITH STEEL TRUSS AND CONCRETE FOUNDATION.FENCING IS CHAIN LINK AND ROLLING GATE.INGRESS AND EGRESS IS OBTAINED FROM A DRIVEWAY ON NARBONNE & A DRIVEWAY ON 248TH STREET.**COMMERCIAL FINANCING AVAILBLE***MINIMAL DOCUMENTATION ASSET BASED LOAN IN PLACE FOR BUYER** LENDER HAS APPROVED THE PROPERTY***LONG TERM ,60 YEARS ,MONTH TO MONTH TENANT WILL BE VACATING IN 8 MONTHS OR LESS. TENANT HAS EXPRESSED INTEREST IN SELLING STRUCTURAL STEEL FABRICATION BUSINESS , EQUIPMENT AND ACTIVE ACCOUNTS.THERE ARE A FEW OPTIONS REGARDING THE BUSINESS PURCHASE WITH THE REAL ESTATE AS A SEPERATE TRANSACTION. POTENTIAL BUYER TO PERFORM DUE DILIGENCE WITH THE CITY OF LOMITA REGARDING DEVELOPMENT PROJECTS.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-05T17:33:12.543. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Murphy Real Estate Team | Pabalyn Properties. Licensed in the State of California, USA.
www.murphyhousing.com/homes/131195155
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24800 Narbonne Avenue Lomita, CA 90717

  • Price: $975,000
  • Status: Active Under Contract
  • On Site: 74 Days
  • Updated: 22 min ago
  • ID#: SB22161170
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1924
Built
Neighborhood:
121 - Lomita
County:
Los Angeles
Area:
121 - Lomita
Property Description
GREAT INVESTMENT & DEVELOPMENT OPPORTUNITY .PHASE 1 & 2 CLEARANCE COMPLETED AND CLEAR .ZONING DESCRIPTION ,COMMERCIAL GENERAL .THIS CORNER LOT HAS NOT BEEN AVAILABLE FOR 70 PLUS YEARS.LOT SIZE IS 8,927 SQFT. 2,400 SQFT CORREGATED METAL STRUCTURE WITH STEEL TRUSS AND CONCRETE FOUNDATION.FENCING IS CHAIN LINK AND ROLLING GATE.INGRESS AND EGRESS IS OBTAINED FROM A DRIVEWAY ON NARBONNE & A DRIVEWAY ON 248TH STREET.**COMMERCIAL FINANCING AVAILBLE***MINIMAL DOCUMENTATION ASSET BASED LOAN IN PLACE FOR BUYER** LENDER HAS APPROVED THE PROPERTY***LONG TERM ,60 YEARS ,MONTH TO MONTH TENANT WILL BE VACATING IN 8 MONTHS OR LESS. TENANT HAS EXPRESSED INTEREST IN SELLING STRUCTURAL STEEL FABRICATION BUSINESS , EQUIPMENT AND ACTIVE ACCOUNTS.THERE ARE A FEW OPTIONS REGARDING THE BUSINESS PURCHASE WITH THE REAL ESTATE AS A SEPERATE TRANSACTION. POTENTIAL BUYER TO PERFORM DUE DILIGENCE WITH THE CITY OF LOMITA REGARDING DEVELOPMENT PROJECTS.
Exterior Features

Fencing Chain LinkExcellent Condition Lot Features Corner Lot Sign On Property YN Yes

Interior Features

Heating Electric Heating YN Yes

Property Features

Additional Parcels YN Yes Business Type CommercialConstruction/Contractor Common Interest None Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Property Sub Type Retail Security Features 24 Hour Security Special Listing Conditions Standard Tax Annual Amount 3866 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-05T17:33:12.543. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Murphy Real Estate Team | Pabalyn Properties. Licensed in the State of California, USA.
 
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Murphy Real Estate Team | Pabalyn Properties
300 Carlsbad Village Dr.
Carlsbad CA, 92008
Listing Agent(s): Henry Munoz of Breakwall Real Estate & Loans (310-504-1577)