For Sale Property MLS# PV26223838

24606 Narbonne

Lomita, CA 90717

$1,500,000

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About 24606 Narbonne

Discover an exceptional mixed-use investment opportunity in the City of Lomita. Located along Narbonne Avenue, this eight-unit property combines ground-floor commercial space with residential units above, offering investors the potential for diversified rental income from both commercial and residential tenants.

The property features two ground-floor commercial retail units and six residential units on the upper level, consisting of four studios, one one-bedroom unit, and one two-bedroom unit. This combination of commercial and residential occupancy offers multiple income streams within a single investment property.

With its mixed-use configuration and location in Lomita, 24606 Narbonne Avenue presents an opportunity for investors seeking to expand their portfolio with a property serving both business and residential rental markets.

Whether you are an experienced multifamily investor or looking to enter the mixed-use investment market, this property offers the potential to generate income from two distinct rental sectors while providing flexibility for long-term investment strategies.

Property details

Property

Type
Mixed Use
MLS type
Other
Status
Active
Year built
1922
Stories
2
Living area
7,026 sqft
Price / sqft
$213
Lot
0.0881
Original price
$1,500,000
MLS #
PV26223838

Exterior & lot

Construction
Brick
Lot
7376017026

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public
Water
Public

Financial

Financial
tenant estoppels
Parcel
7376017026
Special conditions
Standard

Location

Area
121 - Lomita
County
Los Angeles
Directions
110 FREEWAY exit PCH -west to Narbonne south - S/E corner of Narbonne and Lomita

Ask about this property

Questions on 24606 Narbonne, Lomita, CA 90717, or want to see it in person?

Listed by Victor Liu, Luxury PV 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.