1901-1905 Pacific Coast Hwy 2,294 SF Retail Building Lomita, CA 90717 $1,716,000 CAD ($748.04 CAD/SF) 6.80% Cap Rate

Highlights
- 2nd Generation Restaurant + Retail
- Two (2) Retail Units
- Signalized Corner
- Billboard Income
- Vacant - Owner-User Opportunity
Building Improvements and Amenities:
- New multi-layer roof installed in late 2024
- New insulation with radiant barrier installed in 2025
- Five parking spaces + one ADA parking space
- Large trash enclosure in parking lot
1901 PCH Improvements (2nd Generation Restaurant Space):
- 11 Ft Type I hood
- 4.5 Ft Type I fryer hood
- Dishwasher hood
- 750-gallon in-ground grease interceptor in the parking lot
- Fire suppression system for the two Type I hoods
- 450 Amp, 120/208V, 3-phase electrical service
- High output natural gas
- Ethernet cabling throughout the space
- 15-ton HVAC unit serving the kitchen areas
- 2.75-ton HVAC unit serving the lobby area
- Fiberglass Reinforced Plastic (FRP) wall panels
- Ceramic tile flooring
- New built-in storefront furniture
- New ceiling tiles
- New LED panel lights
- Triple signage available
1905 PCH Improvements (Retail Space):
- New HVAC split system
- New ceiling tiles
- 225 Amp, 120/208V, 3-phase electrical service
- Double signage available with existing box signs
PROJECTED STABILIZED NOI (NNN)
Upon lease-up of vacant retail units
Proforma Retail Base Rent:
1901 PCH (1,736 SF @ $2.95/SF):
~$61,454*/Y ear
1905 PCH (558 SF @ $2.95/SF):
~$19,754*/Y ear
Total Proforma Retail Base Rent:
~$81,208*/Y ear
Billboard Income (Actual): $3,600/Y ear,
due to increase to $4,200/Y ear in 11/2026.
Total Proforma NOI (on NNN Basis):
~$84,800*/Y ear
Proforma Cap Rate = Approx. 6.8%*
Based on projected stabilized NNN income and the asking
price of $1,250,000, consistent with comparable retail
transactions in the local market.
*Proforma Income and cap rate projections are provided for
reference purposes only and do not constitute a representation
or guarantee of value.
Disclaimers: All square footages, dimensions, financial information, and property details
are approximate and/or based on public information. Prospective purchasers
or tenants and their representatives are advised to independently verify all
information prior to entering into any purchase or lease transaction. The
Materials are not a substitute for a thorough due diligence investigation. All
references made to type of “use" and "signage" are subject to approval by governmental agencies.