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Warehouse Property with Two Buildings

13623 Crenshaw Hawthorne, CA 90250

13623 Crenshaw, Hawthorne, CA, 90250
$5,900,000
For Sale
Claim this Listing
$5,900,000

COMMERCIAL - Hawthorne, CA

Property Size22,000 SF
Lot Size0.79 Acres
Price / SF$268.18
AddedMar 31
Days on Market108
Last RefreshJul 16 at 2:06 am

Property Features for 13623 Crenshaw

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
HAM1
Standard status
Active
APN
4052016001
Lot size
0.79 Acres

Building Details

Year built
1953

Listing agent Dale Jervis License #00849695

Listing office Century 21 Jervis & Associates 10841 Paramount Blvd Ste 300, Downey, CA

Listing date Mar 31, 2026

MLS# DW26069550

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale industrial property consists of two free-standing warehouse buildings totaling approximately 22,000 square feet on a 0.79-acre lot. Building 1 is a block wall structure with an 18’ clear ceiling height and features 3 grade level roll-up doors (12’ x 19.5’, 9.25’ x 10’, and 11’ x 10’). Building 2 is constructed of concrete tilt-up and offers 14’ clear ceiling height with 8 grade level roll-up doors (10’ x 12’). The buildings provide heavy power, natural light through skylights, and a secured/fenced yard that can support private parking or storage. Additional improvements include a raised loading dock, ample open space for vehicle parking (37 cars), and truck turning access.

Located in Hawthorne with zoning listed as HAM1, the property is positioned for convenient regional connectivity. Public remarks note immediate access to the 105, 405, and 110 freeways, and it is described as being minutes from SpaceX, LAX, and the Beach Cities.

Designed for flexibility, this setup is well-suited to an owner-user needing multiple loading points and yard space, or to an operator looking for a warehouse configuration that supports both indoor storage and outdoor staging. The combination of roll-up doors, fenced space, and dock/loading support practical day-to-day logistics for commercial warehouse uses.

Key Highlights

  • Two free‑standing industrial buildings totaling approximately 22,000 SF on a 0.79‑acre lot
  • Building 1 (block wall) includes 18' clear ceiling height, skylights, and 3 grade level roll‑up doors
  • Building 2 (concrete tilt‑up) offers 14' clear ceiling height, natural light via skylights, and 8 grade level roll‑up doors

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $353.8k $16.08
− Vacancy −$17.0k −$0.77
EGI $336.8k $15.31
− OpEx −$50.5k −$2.30
NOI $286.3k $13.01
22,000 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$4.09M
$3.58M – $4.77M (±1% cap)
NOI $286,263 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.78M
$10.31M – $13.74M (±1% cap)
NOI $824,510 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

California Smog Check Sustainability Organization Cjkb Health Corporate Office

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage Dental Office Cafe & Coffee Shop HVAC Service Acupuncture Garden Center Butcher

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Public Storage — 14107 Crenshaw Blvd, Hawthorne, CA 90250, United States
  • Nearby Storage Units - Hawthorne, CA — 3201 w 131st st, hawthorne, ca 90250
  • ​Preferred Self Storage Unit — 13100 Yukon Ave, Hawthorne, CA 90250, United States
  • Blue Chip Moving & Storage — 13525 Crenshaw Blvd, Hawthorne, CA 90250
  • Iron Mountain — 1964 139th St, Gardena, CA 90249

FAQs

What type of property is this?
Warehouse - Two free-standing industrial buildings with multiple grade-level roll-up doors, fenced yard, and parking.
Where is this warehouse located?
The property is located at 13623 Crenshaw Hawthorne, CA.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Two free‑standing industrial buildings totaling approximately 22,000 SF on a 0.79‑acre lot; Building 1 (block wall) includes 18' clear ceiling height, skylights, and 3 grade level roll‑up doors; Building 2 (concrete tilt‑up) offers 14' clear ceiling height, natural light via skylights, and 8 grade level roll‑up doors
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