For sale · Active

24606 Narbonne

Lomita, CA 90717

$1,500,000
Lot size0.0881 acres
Property typeMixed Use
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Listing broker / agent: Luxury PV Realty · Victor Liu · victor@luxurypv.com · CRMLS

MLS # PV26223838 · Last checked Oct 19, 2026 12:22 UTC

About this property

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.

Property details

MLS number
PV26223838
Status
Active
Type
Commercial Sale
Subtype
Mixed Use
Lot size
0.0881 acres
County
Los Angeles
Year built
1922
More property detailsExpandCollapse

Listing

Days on market
0

Building

Year built
1922
Building stories
2
Entry level
2
Construction
Brick
Living area source
Assessor

Rooms & interior

Laundry
None

Exterior & parking

Lot features
Six To Ten Units Acre
Lot size source
Assessor

Utilities & community

Water
Public
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Lomita Math/Science/Technology Magnet (school website, opens in a new tab) Los Angeles Unified · Lomita K–5 0.1 mi
John Adams Elementary Torrance Unified · Torrance K–5 0.5 mi
Howard Wood Elementary Torrance Unified · Torrance K–5 0.7 mi
George S. Patton Continuation (school website, opens in a new tab) Los Angeles Unified · Harbor City 9–12 0.7 mi
Alexander Fleming Middle (school website, opens in a new tab) Los Angeles Unified · Lomita 6–8 0.8 mi
Humanities and Arts (HARTS) Academy of Los Angeles (school website, opens in a new tab) Los Angeles Unified · Harbor City 9–12 0.8 mi
Nathaniel Narbonne Senior High (school website, opens in a new tab) Los Angeles Unified · Harbor City 9–12 0.8 mi
J. H. Hull Middle Torrance Unified · Torrance 6–8 0.9 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,500,000
MLS-reported original asking price
$1,500,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 16, 2026 08:03$1,500,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Lomita

Active residential homes for sale in Lomita, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings13Current authorized inventory
Median asking price$925,00013 listings with a valid price
Median asking price / sq ft$638.8712 listings with confirmed sq ft
Median days on market1213 listings with MLS-reported days

Observed price activity · past 30 days

Not enough price-change observations yet. History starts when the upgraded importer records changes; no trend direction is assumed.

Calculated 2026-10-19 13:11 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

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Loan assumptions and ownership costs

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IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.