2002 Pacific Coast Hwy, Lomita, CA 90717
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2002 Pacific Coast Hwy Lomita, CA 90717

$2,999,000
  • -- Beds
  • -- Baths
  • 924 Sq.Ft.
For Sale
$2,999,000 Get Pre-Qualified

Map preview of 2002 Pacific Coast Hwy, Lomita, CA 90717

Property Overview: 2002 Pacific Coast Hwy Lomita, CA has -- bedrooms, -- bathrooms, 924 living square feet and 17,620 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Extremely rare corner lot offering on the famous CA Route 1, Pacific Coast Highway. 90' of frontage on PCH. 0.40 Acres Zoned commercial in the city of Lomita. Owner has concept drawings and plans for a potential drive-thru establishment. Currently operating as a used car dealership, this is an ideal opportunity to purchase frontage on PCH, and either redevelop, or hold onto and continue operating a similar line of business. Currently occupied by owner/user and will be delivered vacant upon COE. Parcels included are: 7553-007-054, 7553-007-016, 7553-007-053.

Listed by Rodman Amiri | BRE #01760226 | Merit Real Estate
Last checked: 15 minutes ago | Last updated: April 9th, 2024 | Source CRMLS | DOM: 316
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Home details

Lot Sq. Ft
17,620
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Retail
Status
Active
MLS#
PV23195120
City
Lomita
County
Los Angeles
Time on Site
271 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2002 Pacific Coast Hwy

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Property Details for 2002 Pacific Coast Hwy

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 7553007054
  • Year Built Source: Assessor
  • Entry Level: 1
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South side of PCH, SW Corner of Eshelman
View more facts & features

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Sale History for 2002 Pacific Coast Hwy

Last sold on October 20th, 2010
  • November, 2023

  • Nov 6, 2023

    Date

    Active

    CRMLS: PV23206203

    $18,000

    Price

  • Listing provided courtesy of CRMLS

    Extremely rare corner lot offering on the famous CA Route 1, Pacific Coast Highway. 90' of frontage on PCH. 0.40 Acres zoned commercial in the city of Lomita. Owner has concept drawings and plans for a potential drive-thru establishment. Currently operating as a used car dealership. Owner offers lots of options with flexibility, can do a land lease, build-to-suit, etc. Currently occupied by owner/user and will be delivered vacant upon COE. Parcels included are: 7553-007-054, 7553-007-016, 7553-007-053.

  • October, 2023

  • Oct 19, 2023

    Date

    Active

    CRMLS: PV23195120

    $2,999,000

    Price

  • July, 2021

  • Jul 31, 2021

    Date

    Expired

    CRMLS: PV20225814

    $9,995

    Price

  • Oct 26, 2020

    Date

    Active

    CRMLS: PV20225814

    $9,995

    Price

  • Listing provided courtesy of CRMLS

    Owner will build-to-suit. Extremely rare corner lot offering on the famous CA Route 1, Pacific Coast Highway. 90' of frontage on PCH. 0.40 Acres Zoned commercial in the city of Lomita. Currently operating as a used car dealership, this is an ideal opportunity to gain frontage on PCH, and expand your business, or hold onto and continue operating a similar line of business. Currently occupied by owner/user and will be delivered vacant upon COE. Parcels included are: 7553-007-054, 7553-007-016, 7553-007-053

  • December, 2020

  • Dec 14, 2020

    Date

    Canceled

    CRMLS: PV20227951

    $1,999,000

    Price

  • Oct 28, 2020

    Date

    Active

    CRMLS: PV20227951

    $1,999,000

    Price

  • Listing provided courtesy of CRMLS

    Extremely rare corner lot offering on the famous CA Route 1, Pacific Coast Highway. 90' of frontage on PCH. 0.40 Acres Zoned commercial in the city of Lomita. Currently operating as a used car dealership, this is an ideal opportunity to purchase frontage on PCH, and either redevelop, or hold onto and continue operating a similar line of business. Currently occupied by owner/user and will be delivered vacant upon COE. Parcels included are: 7553-007-054, 7553-007-016, 7553-007-053

  • December, 2020

  • Dec 14, 2020

    Date

    Canceled

    CRMLS: PV20173652

    $1,999,000

    Price

  • Oct 12, 2020

    Date

    Price Change

    CRMLS: PV20173652

    $1,999,000

    Price

  • Sep 21, 2020

    Date

    Price Change

    CRMLS: PV20173652

    $2,295,000

    Price

  • Sep 11, 2020

    Date

    Price Change

    CRMLS: PV20173652

    $2,499,000

    Price

  • Aug 31, 2020

    Date

    Price Change

    CRMLS: PV20173652

    $2,799,000

    Price

  • Aug 25, 2020

    Date

    Active

    CRMLS: PV20173652

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

    Extremely rare corner lot offering on the famous CA Route 1, Pacific Coast Highway. 90' of frontage on PCH. 0.40 Acres Zoned commercial in the city of Lomita. Currently operating as a used car dealership, this is an ideal opportunity to purchase frontage on PCH, and either redevelop, or hold onto and continue operating a similar line of business. Currently occupied by owner/user and will be delivered vacant upon COE. Parcels included are: 7553-007-054, 7553-007-016, 7553-007-053

  • October, 2010

  • Oct 20, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 1998

  • Jun 19, 1998

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

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Tax History for 2002 Pacific Coast Hwy

Assessed Value (2020): $200,001
Year Land Value Improved Value Assessed Value
2020 $156,214 $43,787 $200,001

Home Value Compared to the Market

This property vs the competition

2002 Pacific Coast Hwy is listed 267.98% higher than the median list price for the city of Lomita which has a median list price of $815,000. The median price per/sqft for Lomita is $584 and this home is listed at $3245.67 per/sqft which puts the price per square foot 455.77% higher than the median price per square foot for the city of Lomita.

About 2002 Pacific Coast Hwy

Detailed summary of property

2002 Pacific Coast Hwy is a retail located in Lomita, CA 90717 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 924 living square feet, and sits on an approximately 17,620 square foot lot. 2002 Pacific Coast Hwy was first listed on ArdentRealEstateGroup.com on December 22, 2023. The homeowner is currently asking $2,999,000. The median priced home in Lomita is $815,000 with a median price per square foot of $584. Based on Ardent Real Estate Group's Lomita Market Data, this home is listed 267.98% higher than the median priced home. Local competing homes currently for sale include 12555 Central Ave, 112 W B St #2 and 3975 Mission Inn Ave. While the average home in Lomita, CA is selling in 32 days, 2002 Pacific Coast Hwy has a days on market of 316 days. There are currently 40 homes for sale in the Lomita real estate market and 26 of them are single family homes while 7 of them are condos and 7 are townhomes. For more information on this home for sale at 2002 Pacific Coast Hwy Lomita, CA 90717 contact Ardent Real Estate Group and we will put you in touch with one of our Lomita agents.

Public Facts for 2002 Pacific Coast Hwy

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
924
Lot Size
8,905
Stories
1
Type
Auto Repair (& Related), Garage
Pool
No
Spa
No
County
Los Angeles
Lot#
199
APN
7553-007-054

The source for these homes facts are from public records.

90717 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$815,000
Median List Price/Sq.Ft.
$584
Median Sold Price
$810,000
Median Sold Price/Sq.Ft.
$455
Total Inventory
40
Median Sale to List Price %
102.54%
Avg Days on Market
20
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (42.86%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.