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Mixed use - Lawndale 4610-4612 Manhattan Beach Blvd 5,510 SF 100% Leased Industrial Building Lawndale, CA 90260 $3,740,852 CAD ($678.92 CAD/SF) 6.07% Cap Rate
Investment Highlights
- Rent roll and financial summary to follow
- Seasoned anchored tenants
- Serving the beach cities and surrounding communities
- Signalized corner location within a few blocks of the 405 fryway
- Mixed use with 8 studio apartments, restaurant and upholstery shop.
- 6.07% cap rate with current rents with rent increases due in 2026
Executive Summary
Happy New Year - New Price with a 6.07% plus Cap Rate from day one with 2026 increases due soon for added value in the near future, please take a closer look - sellers are motivated.
This signalized corner location has multiple long-term tenants including an established restaurant, 8 studio apartments, an upholstery shop and an additional commercial building shared with the restaurant and the upholstery shop. There are two lots that are being sold together with a total lot size of 18,668 sf with 4 buildings of approx. 5,509 sf of net rentable space. There are 18 on-site parking stalls including one ADA stall as well as a work area behind the upholstery shop. This is a prime beach city location with close proximity to the beach cities surrounding communities and within a few blocks of the 405 - freeway - providing immediate access to the 91 and 105 freeways. There's plenty of upside to improve the return with upcoming rental renews.
https://tour.caimagemaker.com/l/?id=183543
This signalized corner location has multiple long-term tenants including an established restaurant, 8 studio apartments, an upholstery shop and an additional commercial building shared with the restaurant and the upholstery shop. There are two lots that are being sold together with a total lot size of 18,668 sf with 4 buildings of approx. 5,509 sf of net rentable space. There are 18 on-site parking stalls including one ADA stall as well as a work area behind the upholstery shop. This is a prime beach city location with close proximity to the beach cities surrounding communities and within a few blocks of the 405 - freeway - providing immediate access to the 91 and 105 freeways. There's plenty of upside to improve the return with upcoming rental renews.
https://tour.caimagemaker.com/l/?id=183543
Property Facts
| Price | $3,740,852 CAD | Building Class | C |
| Price Per SF | $678.92 CAD | Lot Size | 0.32 AC |
| Sale Type | Investment NNN | Rentable Building Area | 5,510 SF |
| Cap Rate | 6.07% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 1955 |
| Property Type | Industrial | Parking Ratio | 3.27/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 8’ |
| Zoning | LNM1YY - commercial - light manufacturing - conforming for the neighborhood | ||
| Price | $3,740,852 CAD |
| Price Per SF | $678.92 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.07% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.32 AC |
| Rentable Building Area | 5,510 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 3.27/1,000 SF |
| Clear Ceiling Height | 8’ |
| Zoning | LNM1YY - commercial - light manufacturing - conforming for the neighborhood |
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Storage Space
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water
- Sewer
- Heating - Electric
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Amadeos
- Services
- 3,210 SF
- $3.62 CAD
- Modified Gross
- -
- Amigo Restaurant
- -
- 1,360 SF
- $5.52 CAD
- -
- -
- studio apt
- -
- 250 SF
- $5.44 CAD
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Amadeos | Services | 3,210 SF | $3.62 CAD | Modified Gross | - | |
| Amigo Restaurant | - | 1,360 SF | $5.52 CAD | - | - | |
| studio apt | - | 250 SF | $5.44 CAD | - | - |
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Walk Score®
Very Walkable (85)
Property Taxes
| Parcel Numbers | Improvements Assessment | $545,101 CAD | |
| Land Assessment | $2,180,422 CAD | Total Assessment | $2,725,524 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,180,422 CAD
Improvements Assessment
$545,101 CAD
Total Assessment
$2,725,524 CAD
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Mixed use - Lawndale | 4610-4612 Manhattan Beach Blvd
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