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Fully leased commercial investment at the signalized intersection of Pacific Coast Highway and Walnut Street in Lomita. The property features approximately 2,294 SF across two suites on a 5,706 SF lot, with six parking spaces (includes one ADA space). Tenants include KANZEN MEAL (U.S.A.), INC., a subsidiary of Nissin Foods, and Yadidi Law Firm, with additional billboard income from OUTFRONT Media. Both suites feature NNN leases with scheduled annual rent increases. Based on rents effective November 5, 2026, annualized NOI is approximately $85,408, representing a 7.0% cap rate at the $1,220,000 asking price, based on owner-confirmed reimbursement of all property operating expenses. Recent improvements include a roof replacement in 2024, insulation and radiant barrier installation and parking lot sealcoating and restriping in 2025, and exterior painting in 2026. A compelling opportunity to acquire an income-producing property along Pacific Coast Highway. Please do NOT disturb or contact tenants. Showings are available only following acceptance of an offer and must be coordinated through the listing agent. Buyer to independently verify all property and financial information.
Property Type(s):
Commercial
| Last Updated | 10/14/2026 | Year Built | 1955 |
|---|---|---|---|
| Community | 121 - Lomita | County | Los Angeles |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 121 - Lomita |
| HEAT | Central, Heat Pump |
| LOT | 5706 sq ft |
| LOT DIMENSIONS | 5706 |
| STORIES | 1 |
| UTILITIES | Cable Available, Natural Gas Available, See Remarks |
| WATER | Public |
Location
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Listed with Turnstone Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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