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24800 Narbonne AVE Lomita, CA 90717
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Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22161170
Year Built 1924
Annual Tax Amount $3,866
Lot Size 8,925 Sqft
Property Description
GREAT INVESTMENT & DEVELOPMENT OPPORTUNITY .PHASE 1 & 2 CLEARANCE COMPLETED AND CLEAR .ZONING DESCRIPTION ,COMMERCIAL GENERAL .THIS CORNER LOT HAS NOT BEEN AVAILABLE FOR 70 PLUS YEARS.LOT SIZE IS 8,927 SQFT. 2,400 SQFT CORREGATED METAL STRUCTURE WITH STEEL TRUSS AND CONCRETE FOUNDATION.FENCING IS CHAIN LINK AND ROLLING GATE.INGRESS AND EGRESS IS OBTAINED FROM A DRIVEWAY ON NARBONNE & A DRIVEWAY ON 248TH STREET.APN# 7376-016-001 & APN#7376-016-003
**COMMERCIAL FINANCING AVAILBLE***MINIMAL DOCUMENTATION ASSET BASED LOAN IN PLACE FOR BUYER** LENDER HAS APPROVED THE PROPERTY***
LONG TERM ,60 YEARS ,MONTH TO MONTH TENANT WILL BE VACATING IN 8 MONTHS OR LESS. TENANT HAS EXPRESSED INTEREST IN SELLING STRUCTURAL STEEL FABRICATION BUSINESS , EQUIPMENT AND ACTIVE ACCOUNTS.THERE ARE A FEW OPTIONS REGARDING THE BUSINESS PURCHASE WITH THE REAL ESTATE AS A SEPERATE TRANSACTION.
POTENTIAL BUYER TO PERFORM DUE DILIGENCE WITH THE CITY OF LOMITA REGARDING DEVELOPMENT PROJECTS.
Location
State CA
County Los Angeles
Area 121 - Lomita
Interior
Heating Electric
Laundry None
Exterior
Fence Chain Link, Excellent Condition
Building
Lot Description Corner Lot
Water Public
Others
Special Listing Condition Standard
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Bought with Henry Munoz • Breakwall Real Estate & Loans
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