Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Building with Development Potential Title is generated by Realmo AI

    17000 Hawthorne Blvd, Lawndale, CA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Free-standing retail building with plans for 35 apartment units.

    Type:RETAIL
    Property size:
    7,080 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $550/SF
    Added:
    Feb 1, 2023
    Days on Market:
    1221
    Last Refresh:
    May 20 at 8:11 pm

    Property Features for 17000 Hawthorne Blvd

    General Information

    Standard status
    Active
    Size
    7,080 SF
    Lot size
    0.33 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 17000 Hawthorne Blvd Contact us

    We can help!

    Listing Contact
    Tyler Griffith

    Listing agent Tyler Griffith License #02190756

    Listing office Kidder Mathews

    Listing date Feb 1, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews

    HighLights

    • Plan in place to build 35 apartment units above ground floor retail.
    • Free standing building.
    • Rare owner‑user or value‑add opportunity.
    • Property will be delivered vacant.
    • Suitable for a variety of different uses.
    • Adequate parking and access.

    Overview

    This free-standing building presents a rare opportunity for an owner-user or value-add investor. Plans are in place to construct 35 apartment units above the ground floor retail space. The property, totaling 7,080 square feet, will be delivered vacant. Its existing structure, ample parking, and accessibility make it suitable for a variety of uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Beach Front Property ... Apartment Building

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawndale
    County
    Los Angeles
    State
    California
    Longitude
    -118.352
    Latitude
    33.8764

    Nearby Similar for Sale

    • $1,800,000
      4,388 SF

      Lawndale Industrial Warehouse with Office

      Versatile industrial warehouse with office space in Lawndale, CA.
      15151 Prairie, Lawndale, CA 90260
      View Details
    • $959,000
      1,736 SF

      Lawndale Duplex with Income Potential

      Duplex in Lawndale, CA, ideal for multiple families.
      15427 Grevillea, Lawndale, CA 90260
      View Details
    • $975,000
      661 SF

      Corner Lot on Hawthorne Boulevard

      Commercial corner lot suitable for redevelopment or car sales operation.
      17025 Hawthorne, Lawndale, CA 90260
      View Details
    • $2,750,000
      5,509 SF

      Lawndale Mixed-Use Investment Opportunity

      Signalized corner location with multiple tenants near beach cities.
      4610 Manhattan Beach Boulevard , 4612, Lawndale, CA 90260
      View Details
    • $1,050,000
      3,150 SF

      Lawndale Industrial Property For Sale

      Single-tenant industrial property in Lawndale with flexible space.
      15201 Prairie Ave, Lawndale, CA 90260
      View Details
    • $919,000

      Corner-Lot Duplex in South Bay

      Updated duplex with separate residences, ideal for owner-occupant or investor.
      16903 Freeman Ave, Lawndale, CA 90260
      View Details
    • $3,600,000
      13,662 SF

      Three Retail Buildings For Sale

      Three highly-visible retail buildings with added value investment opportunity.
      4703-4711 Artesia Blvd, Lawndale, CA 90260
      View Details
    • $2,450,000
      10,844 SF

      Retail Space on Hawthorne Boulevard

      Retail property with 10,844 square feet of space.
      16414-16424 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • $1,800,000

      Industrial Warehouse For Sale

      For-sale warehouse in Los Angeles County, suited for businesses needing dependable industrial space.
      15151 Prairie, Lawndale, CA 90260
      View Details
    • $975,000

      Used Car Sales Corner Lot

      Corner lot with two curb cuts and alley access, supporting continued used car sales and potential future redevelopment.
      17025 Hawthorne, Lawndale, CA 90260
      View Details
    • Contact for pricing
      8,617 SF

      Retail Strip Center For Sale

      Retail strip center with repositioning opportunity in a prime location.
      Lawndale, CA 90260
      View Details
    • $1,380,000
      10,000 SF

      Lawndale Warehouse/Creative Office/Flex Space

      10,000 SF building with on-site parking in Lawndale.
      4337 W 147th St, Lawndale, CA 90260
      View Details

    FAQs

    What type of property is this?
    Retail space - Free-standing retail building with plans for 35 apartment units.
    Where is this retail space located?
    The property is located at 17000 Hawthorne Blvd Lawndale, CA.
    What is the asking price?
    The asking price for this property is $3,895,000.
    What are key features of this property?
    This property features: Plan in place to build 35 apartment units above ground floor retail.; Free standing building.; Rare owner‑user or value‑add opportunity.
    (916) 316-7594 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tyler Griffith
    Real Estate License ID: 02190756
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    17000 Hawthorne Blvd, Lawndale, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!