For Sale Commercial MLS# 26102248

1903 PACIFIC COAST Highway

Lomita, CA 90717

$1,220,000

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About 1903 PACIFIC COAST Highway

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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1955
Stories
1
Living area
2,294 sqft
Price / sqft
$532
Lot
0.131
Original price
$1,220,000
MLS #
26102248

Interior

Heating
Central, Heat Pump

Exterior & lot

Features
Parking spaces: 6
Construction
1
Lot
LOCG*

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public, Cable Available, Natural Gas Available, Heavy
Water
Public

Financial

Parcel
7375021006
Special conditions
Standard

Location

Area
121 - Lomita
County
Los Angeles
Community
0.0
Directions
On the North-West corner of Pacific Coast Hwy and Walnut St, located in the City of Lomita, CA

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Listed by Bobby Babai, Turnstone Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.