Freestanding Retail Building with Housing
17000 Hawthorne Blvd Lawndale, CA 90260
For Sale
Contact for pricing
Free standing building with plans for 35 apartments above ground-floor retail and adequate parking and access.
Property Size7,080 SF
Price / SF$550.14
Days on Market1274
Property Features for 17000 Hawthorne Blvd
General Information
Standard status
Active
Size
7,080 SF
Property subtype
RETAIL
Listing Agency:
Kidder Mathews
(916) 316-7594
Listed By:
Tyler Griffith · License #02190756
(916) 316-7594
Source:
Moodyscre
Added: Feb 1, 2023
Changed: Jul 27
Last Checked: Jul 28 at 1:30PM
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
Investment Insights
Based on property information with market context.
The property is a freestanding building with a plan in place to construct 35 apartment units above ground-floor retail. The building is intended to be delivered vacant, providing flexibility for an owner-user or value-add approach based on the existing structure, adequate parking, and access.
The asset is located at 17000 Hawthorne Blvd in Lawndale, CA 90260. Its configuration supports ground-floor retail with residential units above, and the current delivery as a vacant property may simplify repositioning for suitable future uses.
As presented, the offering centers on the combination of ground-floor retail space and the approved plan for residential development above.
The asset is located at 17000 Hawthorne Blvd in Lawndale, CA 90260. Its configuration supports ground-floor retail with residential units above, and the current delivery as a vacant property may simplify repositioning for suitable future uses.
As presented, the offering centers on the combination of ground-floor retail space and the approved plan for residential development above.
Key Highlights
- Free‑standing building with plans to build 35 apartment units above ground‑floor retail
- Existing plan supports mixed‑use development with retail on the ground floor and apartments above
- Property to be delivered vacant
Financial Insights For Retail
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 | $239.6k | $33.84 |
| − Vacancy | −$15.8k | −$2.23 |
| EGI | $223.8k | $31.61 |
| − OpEx | −$67.1k | −$9.48 |
| NOI | $156.6k | $22.12 |
7,080 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.24M
$1.96M – $2.61M
NOI $156,642 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.79M
$3.32M – $4.42M
NOI $265,342 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Artesia Florist & Flower Delivery Redondo Beach CA — 2507 Artesia Blvd, Redondo Beach, CA 90278
Frequently Asked Questions
What type of property is this?
Storefront property - Free standing building with plans for 35 apartments above ground-floor retail and adequate parking and access.
Where is this storefront property 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: Free‑standing building with plans to build 35 apartment units above ground‑floor retail; Existing plan supports mixed‑use development with retail on the ground floor and apartments above; Property to be delivered vacant
