Shield Commercial Real Estate is proud to present this 4,930-square foot, five-unit property located at 2232-2236 ½ West 248th Street in Lomita, California. This non-rent controlled asset is centrally located to all that Lomita and Torrance have to offer. It is a short commute from the Torrance Crossroads and Rolling Hills Plaza shopping centers. It is of walking distance to the many retail shops, office buildings, restaurants and grocery stores of Lomita Boulevard and Crenshaw Boulevard. It is also of close proximity to Palos Verdes and Torrance Beach. Bordered by Pacific Coast Highway and the 110 Freeway, the investment possesses immediate transit to the many neighboring employment centers such as American Honda, Honeywell, the Stubhub Center, SpaceX, Northrop Grumman, Hollywood Park Tomorrow, Raytheon, the Los Angeles Airport, and the proposed new NFL stadium.
Situated on a large 19,883-square foot lot, the offering boasts a unit mix of one three-bedroom/one-bathroom unit and four two-bedroom/one-bathroom units. All of the units have garage parking and some of the units contain private patios. The large lot size provides ample parking for tenants, spacious private patio spaces, a competitive advantage in the rental market, and future re-development potential.
2232-2236 ½ West 248th Street provides an investor with the opportunity to own a property of five detached houses on a large lot. The property also contains over 21% in rental upside.
