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$1,200,000
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Property Description
Located in the heart of Downtown Lomita, this prime commercial property is situated on a highly visible lot with a spacious interior and features over 114 feet of frontage on Narbonne Avenue. The building is configured as two separate units, each with its own private entrance, restroom, and air conditioning, making it ideal for an owner-user, multiple tenants, or an investment opportunity. Currently the retail business uses both units in an open concept design. Additional highlights include seven on-site parking spaces, ADA-compliant restrooms, a new A/C unit serving the north side of the building, and a rear office with its own private entrance and plumbing for a hair salon.
Downtown Commercial zoning, the property supports a wide variety of commercial uses and may offer the potential for second-story residential development, creating additional value and long-term investment potential (buyer to verify). With an estimated traffic count of over 800 vehicles per hour along Narbonne Avenue, the property benefits from outstanding exposure. Permits and planning have been approved for a new facade giving the property a fresh new look that will further enhance its curb appeal. Offered vacant at closing. For the complete financial profile, please see the offer memorandum.
Full Property Details
Full Property Details for 24630 Narbonne Ave
General
- Price: $1,200,000
- Taxes: (2025)
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: PV26138823
- Updated: 7/20/2026
- Added to Site: 21 day(s) ago
Rooms
Other Rooms
- Laundry: None
Parking
- Uncovered Spaces: 7
Location
- County: Los Angeles
- Driving Directions: Between 248th and Lomita Blvd.
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Utility Description: Sewer Connected, Electricity Connected, Water Connected
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 2274
- Square Feet: 2,274
- Current Bldg. Use: Commercial
- Year Built: 1979
- Year Built Source: Public Records
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.137
- Useable Acres: .137
- Lot Size (Sq. Ft.): 5,969
- Lot Size Source: Assessor
- Lot Features: Level with Street, Paved, Rectangular Lot, 2-5 Units/Acre
- Lot Description: Level with Street, Paved, Rectangular Lot, 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $527
- Expenses: $26,513
- Operating Expenses: $54,967
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Chandelier in the store space. Perimeter fence in parking lot. ALL store furnishings and merchandise. Dyson hand dryers in bathrooms.
- Property ID: 7376017022
Listed by Compass, JessiqaPace and TadashiKondo
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Schools
Schools serving 24630 Narbonne Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Lomita Math/Science/Technology Magnet School 2211 247th Street, Lomita, CA 90717 | K- | 0 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 24630 Narbonne Ave
Date
Details
Price
Change
Source
7/20/2026
Listed
$1,200,000
—
MLS
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 24630 Narbonne Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,518
256%
$884,340
351%
2023
$3,234
4%
$196,077
2%
2022
$3,107
—
$192,233
2%
2021
$3,103
-1%
$188,465
1%
2020
$3,119
3%
$186,533
2%
2019
$3,019
6%
$182,876
2%
2018
$2,857
2%
$179,291
2%
2017
$2,807
3%
$175,776
2%
2016
$2,722
1%
$172,331
2%
2015
$2,683
—
$169,744
2%
2014
$2,686
1%
$166,419
—
2013
$2,665
—
$165,668
—
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 24630 Narbonne Ave
24630 Narbonne Avenue, Lomita, CA 90717 (MLS# PV26138823) is a Retail property. 24630 Narbonne Avenue is currently listed for $1,200,000 and was received on June 29, 2026. Want to learn more about 24630 Narbonne Avenue? Do you have questions about finding other Retail real estate for sale in Lomita? You can browse all Lomita real estate or contact a Coldwell Banker agent to request more information.

