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Commercial-Retail Lot 16301 Hawthorne Blvd 1,104 SF Retail Building Lawndale, CA 90260 $3,348,812 CAD ($3,033.34 CAD/SF)
INVESTMENT HIGHLIGHTS
- Corner lot level with street with multiple curb cuts for ingress/egress
- Great South Bay Location with quick access to beach cities (Manhattan, Redondo, Hermosa), South Bay Galleria, and the 405 freeway
- Potential for high density housing development
- Heavy vehicle exposure with +/- 49,334 cars per day
- Potential for Medical/Professional Offices, Retail, Franchise Restaurant w/ Drive Thru (Buyer Should Verify all Uses with City)
EXECUTIVE SUMMARY
Corner lot level with the street. Currently used as a car dealership. Small office located on property with all utilities connected. 2 curb cuts on Hawthorne Blvd. and 2 curb cuts on 163rd St. Existing office structure approx. 1,100 sq.ft.
Prime opportunity in the heart of Lawndale. This corner lot is being sold with adjoining parcels to total approx. 19,517 sq.ft. Currently in use as a used car dealership, the property is zoned NC (Neighborhood Commercial), allowing for a multitude of uses and possibilities for future development. Perfect for redevelopment for food and beverage, retail strip center, and also qualifies for high density housing development. Offering approx. 164 ft. of frontage on Hawthorne Blvd., and close proximity to the 405 freeway ensures ample exposure. Existing office building (approx. 1,100 sq.ft.) with utilities connected. Close to beach cities, the Galleria mall, LAX, and SoFi stadium. Phase 1 was completed back in 2015 and came back clean. Make an appointment to check out this property today!
Prime opportunity in the heart of Lawndale. This corner lot is being sold with adjoining parcels to total approx. 19,517 sq.ft. Currently in use as a used car dealership, the property is zoned NC (Neighborhood Commercial), allowing for a multitude of uses and possibilities for future development. Perfect for redevelopment for food and beverage, retail strip center, and also qualifies for high density housing development. Offering approx. 164 ft. of frontage on Hawthorne Blvd., and close proximity to the 405 freeway ensures ample exposure. Existing office building (approx. 1,100 sq.ft.) with utilities connected. Close to beach cities, the Galleria mall, LAX, and SoFi stadium. Phase 1 was completed back in 2015 and came back clean. Make an appointment to check out this property today!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
1,104 SF
Building Class
C
Year Built
1949
Price
$3,348,812 CAD
Price Per SF
$3,033.34 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.45 AC
Zoning
NC, Lawndale - Zoned Neighborhood Commercial (NC). See attached Lawndale Use Matrix. Also qualifies for multi-family development. See Density Overlay doc attached
Parking
25 Spaces (22.64 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
- Air Conditioning
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $86,187 CAD | |
| Land Assessment | $1,198,310 CAD | Total Assessment | $1,284,497 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,198,310 CAD
Improvements Assessment
$86,187 CAD
Total Assessment
$1,284,497 CAD
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Commercial-Retail Lot | 16301 Hawthorne Blvd
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