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3701 W Rosecrans Ave 1.58 Acres of Commercial Land Offered at $12,442,500 CAD in Hawthorne, CA 90250
EXECUTIVE SUMMARY
• 3701 W. Rosecrans Ave., Hawthorne, CA 90250 (L.A. County) APN# 4051-022-024 / Lot Size 68,928 sq. ft. (1.58 acres) Street-to-Street Parcel
• Entitled zoning (C-3/MU) allowing ±60 multifamily units in accordance with Hawthorne Municipal Code Chapter 17.87, plus Density Bonus Potential
• Attractive pricing: $9,000,000 Asking Price / $130.57 per sq. ft. / $5,696,203 per acre
• Existing improvements: 26,390 sq. ft. of office/retail across nine commercial units generating approximately $372,227 in annual gross income
• Occupancy Flexibility: Approximately 66.7% leased, with most tenants’ leases expiring within ±18 months — allowing for near-term redevelopment or repositioning
• High-visibility location along a major thoroughfare with convenient access to SoFi Stadium, LAX, DTLA, and the beaches of the South Bay
• Economic growth and a surge in developments continue to drive Hawthorne’s prominence
• Entitled zoning (C-3/MU) allowing ±60 multifamily units in accordance with Hawthorne Municipal Code Chapter 17.87, plus Density Bonus Potential
• Attractive pricing: $9,000,000 Asking Price / $130.57 per sq. ft. / $5,696,203 per acre
• Existing improvements: 26,390 sq. ft. of office/retail across nine commercial units generating approximately $372,227 in annual gross income
• Occupancy Flexibility: Approximately 66.7% leased, with most tenants’ leases expiring within ±18 months — allowing for near-term redevelopment or repositioning
• High-visibility location along a major thoroughfare with convenient access to SoFi Stadium, LAX, DTLA, and the beaches of the South Bay
• Economic growth and a surge in developments continue to drive Hawthorne’s prominence
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $12,442,500 CAD | Lot Size | 1.58 AC |
| Price Per AC | $7,875,000.30 CAD |
| Price | $12,442,500 CAD |
| Price Per AC | $7,875,000.30 CAD |
| Lot Size | 1.58 AC |
• APN# 4051-022-024 / Lot Size 68,928 sq. ft. (1.58 acres) Street-to-Street Parcel • Entitled zoning (C-3/MU) allowing ±60 multifamily units in accordance with Hawthorne Municipal Code Chapter 17.87, plus Density Bonus Potential
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 4051-022-024 | Improvements Assessment | $1,421,288 CAD |
| Land Assessment | $1,031,087 CAD | Total Assessment | $2,452,375 CAD |
PROPERTY TAXES
Parcel Number
4051-022-024
Land Assessment
$1,031,087 CAD
Improvements Assessment
$1,421,288 CAD
Total Assessment
$2,452,375 CAD
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3701 W Rosecrans Ave
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