1801 Lomita Blvd
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1801 Lomita Blvd
9,805 SF 100% Leased Retail Building Lomita, CA 90717 $3,758,482 CAD ($383 CAD/SF) 6.80% Cap Rate
Executive Summary
Approx. 6.8% Existing Cap with Upside Potential! Recently Renovated Strip Center. This sale consists of two separate parcels (7372-017-050 and 7372-017-029) and addresses: 1801-1803 Lomita and 1803 1/2- 1807 Lomita. Approx. 9,805 Sq. Ft. Sitting on 26,605 Sq. Ft. Land. Off the corner of Western and Lomita Blvd.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$321,058
|
$58.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$321,058
|
$58.07
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$65,763
|
$11.89
|
| Net Operating Income |
$255,295
|
$46.17
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $321,058 |
| Annual Per SF | $58.07 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $321,058 |
| Annual Per SF | $58.07 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $65,763 |
| Annual Per SF | $11.89 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $255,295 |
| Annual Per SF | $46.17 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,805 SF
Year Built/Renovated
1957/2019
Price
$3,758,482 CAD
Price Per SF
$383 CAD
Cap Rate
6.80%
NOI
$255,577 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.61 AC
Zoning
LOCG
Parking
34 Spaces (3.47 Spaces per 1,000 SF Leased)
Frontage
147 ft on Lomita Blvd
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 7372-017-050 | Improvements Assessment | $508,713 CAD (2024) |
| Land Assessment | $1,056,560 CAD (2024) | Total Assessment | $1,565,274 CAD (2024) |
PROPERTY TAXES
Parcel Number
7372-017-050
Land Assessment
$1,056,560 CAD (2024)
Improvements Assessment
$508,713 CAD (2024)
Total Assessment
$1,565,274 CAD (2024)
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1801 Lomita Blvd
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