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4333 W 147Th St Lawndale, CA 90260

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For Sale
$1,380,000

Unique flex space building with on-site parking in Lawndale.

Lot size:
0.19 Acres

Property Features for 4333 W 147Th St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.19 Acres

Building Details

Year built
1923

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Listing Contact
Cameron Samimi
Cameron Samimi
Source: Elliman

Listing Agent: Cameron Samimi

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

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Overview

Lawndale Warehouse/Creative Flex Space

This unique 10,000 square foot building in Lawndale, located at 4333–4335 W 147th St, offers a combination of warehouse, creative, office, and flex space. A key feature is the on-site dedicated parking. The two-story property is configured with a 3,000 square foot street-facing karate studio, a 2,000 square foot ground-floor flex unit, and a 5,000 square foot open-plan upper level. The upper level can be tailored to creative office, training/education, wellness, or light showroom/warehouse needs. There are nine exclusive parking spaces on-site, along with plentiful street parking. The property will operate at a 12.96% CAP and 6.04 GRM once stabilized. The General Commercial/Neighborhood Commercial zoning in Lawndale permits most professional offices, personal services, retail, and many entertainment/recreation uses by right or with a Special Use Permit. The building has the potential to be repositioned as a multi-tenant creative campus or branded owner-user headquarters. The property also functions as a covered-land play, with the option to pursue a residential or mixed-use concept in the future. Investors can stabilize the asset with a blend of long-term service/office and specialty recreation or training tenants, drive NOI to its projected 12%+ cap rate, and then hold as a cash-flowing core asset or a medium-term redevelopment site.
Location Intelligence

Current Use by Public Records

Koshiki Karate-Do Gym & Fitness Center Rizvi MMA Sports School Dark Sports Athletics Training Center

Suggested Use

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

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

Similar Places Nearby

Bartz Barbecue, Sarah.kitchen

Location Insight

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  • Local Demand
City
Lawndale
County
Los Angeles
State
California
Longitude
-118.3513861
Latitude
33.8985969

FAQs

What type of property is this?
Flex space - Unique flex space building with on-site parking in Lawndale.
Where is this flex space located?
The property is located at 4333 W 147Th St Lawndale, CA.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: - On-site dedicated parking with nine exclusive spaces.; - High potential CAP rate of 12.96% and GRM of 6.04 once stabilized.; - Versatile 10,000 SF space suitable for warehouse, creative office, flex space, or showroom/warehouse needs.
More about this property
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