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4024-4032 W El Segundo Blvd 6,460 SF Retail Building Hawthorne, CA 90250 $4,382,784 CAD ($678.45 CAD/SF)



Investment Highlights
- Zoning is Commercial General with Mixed-Use Overlay allowing for a wide variety of commercial and retail uses.
- Excellent location one parcel in from the SWC of El Segundo Blvd, and Prairie Avenue, and 5 minutes from the 405, 105 freeways and City of Inglewood.
- Ideal for Automotive Repair and Service as there are 6 hydraulic lifts already in place on the property and a large yard area for vehicles
Executive Summary
The subject property is located one parcel west of a Strip Shopping Center at the SWC of El Segundo Blvd, and Prairie Avenue in the City of Hawthorne. The most recent use was for an Automotive Repair facility, with 5 heavy duty 9,000 lb (4 ton) lifts in the main garage with 2 large roll up doors and 14 foot clear height. There is a second garage to the west with one roll up door, 14 foot clear height and a work area with 2 ton lift. There is reception counter in between both garages, with a large supply room adjacent and another equipment room. On the 2nd floor, there is an open area with more space that could be used for office/admin, and two extra rooms for storage. The ground floor of the buildings which abut one another measured 98 feet wide by 49 feet deep 4,800 square foot foot print with the remainder of the space on the 2nd floor (Buyer to verify measurements during due diligence period in escrow). The two parcels total approximately 21,649 square feet of land and the zoning of the property is C3 General Commercial which permits a wide variety of retail, commercial, office, mixed use. There is an MU overlay zoning which allows multi-residential apartments for a new development (Buyer to verify the zoning for Buyer's intended use). CITY OF HAWTHORNE C3 & MU ZONING ATTACHED AS SUPPLEMENTS. The building has the address of 4038 W. El Segundo Blvd, but the tax assessor and property profiles show 4024 W. El Segundo Blvd for the 7,211 square foot parcel; and 4032 W. El Segundo Blvd for the 14,438 square foot parcel.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
6,460 SF
Building Class
C
Year Built/Renovated
1955/1975
Price
$4,382,784 CAD
Price Per SF
$678.45 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.49 AC
Zoning
HACM* - C3 General Commercial with MU - Mixed Use Overlay. See Attachments with both Zoning descriptions from City of Hawthorne.
Parking
24 Spaces (3.72 Spaces per 1,000 SF Leased)
Frontage
151’ on West El Segundo Boulevard
Amenities
- Bus Line
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Phillips Auto Care
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Phillips Auto Care | Services | - | - | - |
Walk Score®
Very Walkable (86)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,095,696 CAD | |
| Land Assessment | $2,133,868 CAD | Total Assessment | $3,229,564 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,133,868 CAD
Improvements Assessment
$1,095,696 CAD
Total Assessment
$3,229,564 CAD
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4024-4032 W El Segundo Blvd
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