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Investment Highlights

  • Prime location High-demand area with strong visibility, access and parking.
  • Excellent exposure along the highly trafficked Prairie Ave corridor in the South Bay
  • Approx. 75% warehouse / 25% office buildout with private office area, restroom, and kitchenette configuration
  • Functional warehouse + office configuration with an efficient layout ideal for owner-users
  • One grade-level 13' roll-up loading door for convenient warehouse access
  • High warehouse ceilings with open-span functionality and mezzanine storage

Executive Summary

This striking 3,988 square-foot (plus extra 300sq ft of mezzanine and enclosed space) industrial warehouse offers a rare opportunity to acquire a highly functional South Bay commercial asset with exceptional visibility along the heavily traveled Prairie Avenue corridor. Featuring a versatile 75/25 warehouse-to-office configuration, the property is ideally suited for light industrial, logistics, creative workspace, automotive, distribution, or service-oriented businesses seeking both functionality and image. The warehouse space features approximately 25-foot ceilings, a 13-foot grade-level roll-up loading door, polished concrete floors, and an open-span layout designed for efficient operations and flexible use. A mezzanine area provides additional storage or workspace potential. Approximately 25% of the building is built out as office space, complete with two private restrooms and kitchenette, creating a turnkey environment for owner-users or investors alike. Positioned on a 5,773 square-foot lot, the property also includes dedicated on-site parking with three front parking spaces and excellent street frontage for signage and exposure. Strategically located in the supply-constrained Lawndale industrial submarket, the property offers outstanding connectivity to the 405 Freeway, LAX, the South Bay, and the greater Los Angeles port and logistics network.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $168,995 $42.38
Other Income - -
Vacancy Loss - -
Effective Gross Income $168,995 $42.38
Taxes $31,005 $7.77
Operating Expenses $14,055 $3.52
Total Expenses $45,060 $11.30
Net Operating Income $123,936 $31.08

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $168,995
Annual Per SF $42.38
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $168,995
Annual Per SF $42.38
Taxes (CAD)
Annual $31,005
Annual Per SF $7.77
Operating Expenses (CAD)
Annual $14,055
Annual Per SF $3.52
Total Expenses (CAD)
Annual $45,060
Annual Per SF $11.30
Net Operating Income (CAD)
Annual $123,936
Annual Per SF $31.08

Property Facts

Price $2,480,364 CAD
Price Per SF $621.96 CAD
Sale Type Investment or Owner User
Cap Rate 5%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class B
Lot Size 0.13 AC
Rentable Building Area 3,988 SF
No. Stories 2
Year Built/Renovated 1961/2020
Tenancy Single
Parking Ratio 1/1,000 SF
Clear Ceiling Height 25’
No. Drive In / Grade-Level Doors 1
Zoning HAC2YY - General Commercial (C-2) zoning with specific allowances for retail, food preparation, and multi-family residential.

Amenities

  • 24 Hour Access
  • Controlled Access
  • Front Loading
  • Mezzanine
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning
  • Breakroom

Utilities

  • Lighting - Fluorescent
  • Gas
  • Water - City
  • Sewer - City
  • Heating

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Palm Realty Boutique
  • Real Estate
  • 3,988 SF
  • -
  • Triple Net
  • May 2026
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Palm Realty Boutique Real Estate 3,988 SF - Triple Net May 2026
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4076-001-016
Land Assessment
$686,121 CAD (2025)
Improvements Assessment
$557,845 CAD (2025)
Total Assessment
$1,243,966 CAD (2025)
Annual Taxes
$31,005 CAD ($7.77 CAD/SF)
Tax Year
2026
  • Listing ID: 40641020

  • Date on Market: 2026-05-22

  • Last Updated:

  • Address: 15151 Prairie Ave, Lawndale, CA 90260

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