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1901-1905 Pacific Coast Hwy 2,294 SF 100% Leased Retail Building Lomita, CA 90717 $1,250,000 ($544.90/SF) 6.80% Cap Rate



Investment Highlights
- New multi-layer roof installed
- Five parking spaces + one ADA space
- New insulation with radiant barrier
- Large trash enclosure in parking lot
Executive Summary
2nd Generation Restaurant + Retail
Two (2) Retail Units
Signalized Corner
Billboard Income
Offered Vacant - Owner-User Opportunity or Immediate Lease-Up
PROJECTED STABILIZED NOI (NNN)
Upon lease-up of vacant retail units
Proforma Retail Base Rent:
1901 PCH (1,736 SF @ $2.95/SF):
~$61,454*/Y ear
1905 PCH (558 SF @ $2.95/SF):
~$19,754*/Y ear
Total Proforma Retail Base Rent:
~$81,208*/Y ear
Billboard Income (Actual): $3,600/Y ear,
due to increase to $4,200/Y ear in 11/2026.
Total Proforma NOI (on NNN Basis):
~$84,800*/Y ear
Proforma Cap Rate = Approx. 6.8%*
Based on projected stabilized NNN income and the asking
price of $1,250,000, consistent with comparable retail
transactions in the local market.
*Proforma Income and cap rate projections are provided for
reference purposes only and do not constitute a representation
or guarantee of value.
Disclaimers: All square footages, dimensions, financial information, and property details
are approximate and/or based on public information. Prospective purchasers
or tenants and their representatives are advised to independently verify all
information prior to entering into any purchase or lease transaction. The
Materials are not a substitute for a thorough due diligence investigation. All
references made to type of “use" and "signage" are subject to approval by governmental agencies.
Two (2) Retail Units
Signalized Corner
Billboard Income
Offered Vacant - Owner-User Opportunity or Immediate Lease-Up
PROJECTED STABILIZED NOI (NNN)
Upon lease-up of vacant retail units
Proforma Retail Base Rent:
1901 PCH (1,736 SF @ $2.95/SF):
~$61,454*/Y ear
1905 PCH (558 SF @ $2.95/SF):
~$19,754*/Y ear
Total Proforma Retail Base Rent:
~$81,208*/Y ear
Billboard Income (Actual): $3,600/Y ear,
due to increase to $4,200/Y ear in 11/2026.
Total Proforma NOI (on NNN Basis):
~$84,800*/Y ear
Proforma Cap Rate = Approx. 6.8%*
Based on projected stabilized NNN income and the asking
price of $1,250,000, consistent with comparable retail
transactions in the local market.
*Proforma Income and cap rate projections are provided for
reference purposes only and do not constitute a representation
or guarantee of value.
Disclaimers: All square footages, dimensions, financial information, and property details
are approximate and/or based on public information. Prospective purchasers
or tenants and their representatives are advised to independently verify all
information prior to entering into any purchase or lease transaction. The
Materials are not a substitute for a thorough due diligence investigation. All
references made to type of “use" and "signage" are subject to approval by governmental agencies.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,294 SF
Building Class
C
Year Built
1955
Price
$1,250,000
Price Per SF
$544.90
Cap Rate
6.80%
NOI
$85,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.13 AC
Zoning
LOCG* - Commercial Retail (CR)
Parking
6 Spaces (2.62 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Walker's Paradise (90)
Nearby Major Retailers
Property Taxes
| Parcel Number | 7375-021-006 | Improvements Assessment | $308,966 |
| Land Assessment | $473,516 | Total Assessment | $782,482 |
Property Taxes
Parcel Number
7375-021-006
Land Assessment
$473,516
Improvements Assessment
$308,966
Total Assessment
$782,482
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1901-1905 Pacific Coast Hwy
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