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4830 W Rosecrans Ave
Hawthorne, CA 90250
Hawthorne Plaza · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
10,611 SF
Building Class
C
Year Built
1978
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.81 AC
Zoning
HAC2*

ABOUT 4830 W ROSECRANS AVE , HAWTHORNE, CA 90250

INVESTMENT HIGHLIGHTS * High Performing Grocery Shadow Anchored Shopping Center – Hawthorne Plaza is a 12,848 SF retail center, anchored by a high performing Walmart Neighborhood Market (NAP) and Marshalls (NAP). Walmart is reportedly generating excellent sales in excess of $585 PSF, providing a strong “daily needs” draw to the center (Neilson) * High Identity/ High Traffic Location – Strong traffic counts exceeding 60,000 CPD at this strategic Rosecrans Avenue / Inglewood Avenue intersection combined with convenient ingress and egress make the property a customer favorite and Less than .5 miles and easily accessible (via Rosecrans Avenue) to the 405 Freeway (over 273,000 CPD) * Tremendous Cash Flow Growth - Through the lease up of the vacant space, scheduled rental increases and below market rents (in-place rents are on average 14% below prevailing rates), the Net Operating Income is projected to grow over $326,500 (nearly 100%) during the anticipated hold period, providing a strong hedge against inflation * High Occupancy Asset – Highly stable shopping center, 64% of the in-place GLA has occupied this location for more than 10 years, proving the viability of this retail location * More than 729,200 people in a 5-mile radius with an Average Household Income exceeding $88,500

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4149-001-098
  • 4149-001-100
Land Assessment
$778,194
Improvements Assessment
$1,664,854
Total Assessment
$2,443,049
  • Listing ID: 11217229

  • Date on Market: 2018-01-11

  • Last Updated:

  • Address: 4830 W Rosecrans Ave, Hawthorne, CA 90250

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