"Calling All Developers & Builders!" Rare half acre lot located south of Pacific Coast Highway, adjacent to Rancho Palos Verdes, awaits in Lomita Pines! Nestled amidst partial city/mountain views, this cul-de-sac lot is any builder's blank canvass. Customize your very own sprawling designer home or build to sell. City approved plans for a three lot subdivision - including three 4 bedroom / 3 bath single family residences and preliminary plans for a four lot option - including four 3 bedroom / 2 bath single family residences, each with attached garage & ADU (4 plan option subject to city approval) are included with sale. General information regarding subdivision plans can be found in supplements; more detailed information, surveys/reports are available upon request. Prime location offering easy access to Pacific Coast Highway, local freeways, restaurants, shopping, entertainment and the exclusive Rolling Hills Country Club.
Attention Developers!! 1.1acre land is on Lomita Blvd., in the city of Lomita with approximately 290 feet of frontage. Zoning LOCG or mixed use (check with the city). This property is ideal for development. This land is about1.1 acres and currently has 8-unit apartment (4 units of which are vacant), and a retail lawn mower shop with an adjoining X-space parking lot. The existing buildings can be rented for income as-is,or redevelopment. This may be great opportunity to develop both commercial and residential projects. It is close to Torrance Municipal Airport, Crossroad Shopping Center and Torrance Memorial Medical Hospital. There are 5 APN#s, 7376-011-007,008,018,019,032. Currently, there is $7,170 rental income from apartment. Lawn mower shop would be vacated at the end of escrow.
Lomita is located in California. Lomita, California has a population of 20,884. Lomita is less family-centric than the surrounding county with 27.05% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Lomita, California is $85,852. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Lomita is 39.5 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 13.9 inches per year, with 0 inches of snow per year.
