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$1,500,000 Just Listed
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Property Description
Discover an exceptional mixed-use investment opportunity in the City of Lomita. Located along Narbonne Avenue, this eight-unit property combines ground-floor commercial space with residential units above, offering investors the potential for diversified rental income from both commercial and residential tenants.
The property features two ground-floor commercial retail units and six residential units on the upper level, consisting of four studios, one one-bedroom unit, and one two-bedroom unit. This combination of commercial and residential occupancy offers multiple income streams within a single investment property.
With its mixed-use configuration and location in Lomita, 24606 Narbonne Avenue presents an opportunity for investors seeking to expand their portfolio with a property serving both business and residential rental markets.
Whether you are an experienced multifamily investor or looking to enter the mixed-use investment market, this property offers the potential to generate income from two distinct rental sectors while providing flexibility for long-term investment strategies.
Full Property Details
Full Property Details for 24606 Narbonne
General
- Price: $1,500,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: PV26223838
- Updated: Today (10/15/2026)
- Added to Site: Today
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: 110 FREEWAY exit PCH -west to Narbonne south - S/E corner of Narbonne and Lomita
Structural Information
- # Buildings: 1
- Construction: Brick
- Entry Floor Number: 2
- Stories/Levels: 2
- Building Size: 7026
- Square Feet: 7,026
- Year Built: 1922
Lot Features
- Lot Size (Acres): 0.0881
- Useable Acres: .0881
- Lot Size (Sq. Ft.): 3,838
- Lot Size Source: Assessor
- Lot Features: 6-10 Units/Acre
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $213
- Operating Expenses: $30,000
Disclosures and Reports
- Exclusions: tenant estoppels
- Inclusions: tenant estoppels
- Property ID: 7376017026
Listed by Luxury PV Realty, VictorLiu
Get Pre-Approved Today
Schools
Schools serving 24606 Narbonne
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Lomita Math/Science/Technology Magnet School 2211 247th Street, Lomita, CA 90717 | K- | 0.1 mi |
President Avenue Elementary School 1465 W. 243rd St., Los Angeles, CA 90710 | 1-6 | 1 mi |
Nathaniel Narbonne Senior High School 24300 W.ern Ave., Los Angeles, CA 90710 | 9-12 | 0.7 mi |
Humanities And Arts (Harts) Academy Of Los Angeles 24300 S. W.ern Ave., Los Angeles, CA 90710 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24606 Narbonne
Date
Details
Price
Change
Source
10/15/2026
Listed
$1,500,000
45.63%
MLS
3/28/2014
Sold
$1,030,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 24606 Narbonne
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,449
—
$1,287,875
2%
2025
$17,449
4%
$1,262,624
2%
2024
$16,707
2%
$1,237,868
2%
2023
$16,425
5%
$1,213,598
2%
2022
$15,674
1%
$1,189,803
2%
2021
$15,507
-1%
$1,166,475
1%
2020
$15,623
4%
$1,154,516
2%
2019
$15,030
1%
$1,131,879
2%
2018
$14,854
2%
$1,109,687
2%
2017
$14,523
3%
$1,087,930
2%
2016
$14,134
2%
$1,066,599
2%
2015
$13,919
46%
$1,050,579
59%
2014
$9,531
4%
$661,623
—
2013
$9,177
—
$658,634
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 24606 Narbonne
24606 Narbonne, Lomita, CA 90717 (MLS# PV26223838) is a Commercial property. 24606 Narbonne is currently listed for $1,500,000 and was received on October 15, 2026. Want to learn more about 24606 Narbonne? Do you have questions about finding other Commercial real estate for sale in Lomita? You can browse all Lomita real estate or contact a Coldwell Banker agent to request more information.

