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Lomita, CA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lomita, California Market population: 20K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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πŸ“Š Average Cap Rate For Lomita CA Properties: 6.68%

⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

πŸ“Š Avg Property Tax Rate For Lomita CA Properties: 1.2400%

⭐ Featured

Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF

Investor Questions For Lomita CA

Common questions from investors exploring commercial real estate in Lomita CA.

What is the overall investment potential of Lomita, CA, considering its demographic and economic factors? +
Lomita, CA presents a stable investment market, with a median household income of $60,398, a relatively low poverty rate of 12.6%, and a high health insurance coverage rate of 88.7%, indicating a reliable tenant base. The city's diverse population, including White, White Non-Hispanic, and Hispanic communities, contributes to a vibrant market. Additionally, the top industries, such as Information and Public Administration, provide a solid foundation for employment and economic growth.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Lomita, CA? +
The average commute time of 26 minutes in Lomita, CA, combined with the top commute methods of driving alone, working from home, and carpooling, suggests a convenient and flexible transportation infrastructure. This, along with the city's health insurance coverage rate of 88.7% and a median age of 40.3, indicates a high quality of life for residents, making it an attractive location for potential renters and investors. The foreign-born rate of 24.5% also adds to the city's diversity and appeal.
What are the key factors to consider when evaluating the rental yield and property appreciation potential in Lomita, CA? +
When assessing the rental yield and property appreciation potential in Lomita, CA, consider the median property value of $452,900, median property taxes of $3,443, and a homeownership rate of 45.1%. The city's poverty rate of 12.6%, combined with the health insurance coverage rate of 88.7%, suggests a relatively stable tenant base. The top industries, including Information and Public Administration, contribute to a strong employment market, which can drive demand for housing and support property appreciation.
How does the ethnic diversity and industry mix in Lomita, CA impact the demand for housing and real estate investment opportunities? +
The ethnic diversity in Lomita, CA, with top ethnicities including White, White Non-Hispanic, and Hispanic communities, contributes to a vibrant and dynamic market. The city's industry mix, featuring Information, Public Administration, and Finance & Insurance, creates a strong demand for housing, particularly among young professionals and families. This demand, combined with the city's relatively low poverty rate of 12.6% and high health insurance coverage rate of 88.7%, makes Lomita, CA an attractive location for real estate investors seeking stable and growing investment opportunities.
What role do the GINI coefficient and income inequality play in assessing the investment potential and tenant quality in Lomita, CA? +
The GINI coefficient of 0.451 in Lomita, CA indicates a moderate level of income inequality, which can impact the investment potential and tenant quality. However, when considered alongside the median household income of $60,398, poverty rate of 12.6%, and health insurance coverage rate of 88.7%, the city's income inequality appears manageable. The employed population of 10,514 and top industries, such as Information and Public Administration, contribute to a stable employment market, which can support a reliable tenant base and attractive investment opportunities.

Lomita CA Real Estate & City Facts

Key facts and real estate information about Lomita CA.

What are some of the best neighborhoods to live in Lomita? +
Some of the best neighborhoods to live in Lomita include Hathaway Park, Oak St, and the northwest parts of the city. These areas are known for being peaceful, family-friendly, and having a welcoming atmosphere. Additionally, North Torrance is also a good option, with good schools, food, and a lot of families and retired folk.
What are some fun things to do in Lomita? +
There are plenty of fun things to do in Lomita, including visiting the Lomita Railroad Museum, Project Barley Brewery & Pizzeria, Teuchert Park, and Planet Escape Room. You can also check out the Lomita Fair, Valmonte Farm & Garden, and the Aquarium of the Pacific. If you're looking for outdoor activities, you can visit Torrance Beach, Bluff Cove, or Miramar Park.
What is the food scene like in Lomita? +
The food scene in Lomita is diverse and exciting, with a range of options to suit every taste. Some popular restaurants include Bites & Bashes Cafe, Mama D's, Pasta E Pasta, The Pan, and Delices Du Chef. You can also find great seafood at King Poke, and Japanese BBQ at Tamaen Japanese BBQ or Gyu-Kaku Japanese BBQ. Additionally, there are plenty of other options, such as Jay's Donuts, Fantastic Cafe, and The Steak Library.
What are the pros and cons of living in Lomita? +
The pros of living in Lomita include its peaceful and family-friendly atmosphere, good schools, and convenient access to parks and outdoor activities. However, some cons include the relatively high cost of living, traffic, and limited nightlife options. Additionally, some areas of the city may be more prone to noise pollution from the nearby airport or highways. Overall, Lomita is a great option for those looking for a quiet and safe place to live, but may not be the best fit for those who prioritize a lively nightlife or easy access to public transportation.
Is Lomita a good place to live? +
Lomita is a great place to live for those who value a peaceful and family-friendly atmosphere, good schools, and convenient access to outdoor activities. While it may have some drawbacks, such as a relatively high cost of living and limited nightlife options, the pros outweigh the cons for many people. With its diverse food scene, range of outdoor activities, and welcoming community, Lomita is a great option for those looking for a quiet and safe place to call home.

πŸ“Š Average Income For Lomita CA Commercial Property: $60,398

⭐ Featured

7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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