$1,220,000
( $531.82Per Sq Foot )
 $6,549 est/mo Sourced by Back At You

1903 Pacific Coast Highway,Lomita, CA 90717

Lomita, CA 90717

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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.

Details

MLS #26102248
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1955
Days On Site18
Listing Provided ByTurnstone Realty | Bobby Babai

Features

SQ Feet2,294
Story(s)1
Units2
Building(s)1
ZoningLOCG*
Acreage0.13

Interior

HeatingCentral, Heat Pump
Heating Yes / NoYes
Cooling Yes / NoYes

Utilities

UtilitiesCable Available, Natural Gas Available, See Remarks
ElectricHeavy

Area Information

StateCA
CountyLos Angeles
CityLomita
Zip Code90717
Area121 Lomita
Listing VS Median (in 90717)
Price:
$1,220,000
low | high
Med:
$752,000
88.360655737705% of Average
sqft:
2,294
low | high
Med:
1,496
84.808195292066% of Average
$ / sqft:
$532
low | high
Med:
$517
52.864097824922% of Average
On site:
18
low | high
Med:
42
42.857142857143% of Average
Sourced by Back At You

Market Activity 90717

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Additional Information

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Contact

Learn More About This Property

Benjamin Leaskou

Benjamin Leaskou

01754516 (760) 799-4290ben@leaskouhiggins.com
StateCA
CountyLos Angeles
CityLomita
Zip Code90717
Area121 Lomita
Listing VS Median (in 90717)
Price:
$1,220,000
low | high
Med:
$752,000
88.360655737705% of Average
sqft:
2,294
low | high
Med:
1,496
84.808195292066% of Average
$ / sqft:
$532
low | high
Med:
$517
52.864097824922% of Average
On site:
18
low | high
Med:
42
42.857142857143% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $915K - $1.525M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
2372 253rd Street Property Photo 1
$1,150,000
2372 253rd Street
Lomita, CA 90717
Listing Updated: October 15, 2026 at 10:32:43 AM PDT

Benjamin Leaskou - Desert Lifestyle Properties