Property Description

Lyon Stahl and Pacific Peak Investments are pleased to exclusively represent the sale of 25897 Western Ave, Lomita, CA.

The asset is a two-story class B office building on a major thoroughfare. At approximately 5,002 Sq Ft, the building houses 5-units with 12 parking spaces. Situated on a corner lot and is priced at a very attractive $219 PSF on the building, and $178 PSF on land.

Even during Covid pricing, 25897 has great upside due to existing low rents for 2 of the existing tenants who are paying on time. Brought to current Covid market rents, the property can generate approximately $86K in NOI. At a 6 CAP, that would place the asset’s value at over $1.4M.