Two-Building Storefront Retail
For Sale
$1,850,000
12866 Hawthorne Blvd, Hawthorne, CA 90250
Two-parcel retail asset with established restaurant and tax-preparation tenants, rear parking, and access to major South Bay routes.
Property Size5,217 SF
Lot Size0.28 Acres
Price / SF$354.61
Days on Market44
Property Features for 12866 Hawthorne Blvd
General Information
Standard status
Active
Size
5,217 SF
Lot size
0.28 Acres
Property subtype
Urban-High Street
Financials
Asking Price
$1,850,000
Cap Rate
6.94%
Amenities
Two Retail Buildings on Separate Parcels Offering Stable Income and Value-Add Potential
Established Tenancy with Annual Rent Increases and a Seller Rent Guarantee for Near-Term Income Stability
Prime Hawthorne Boulevard Location Near National Retailers and Major South Bay Transportation Corridors
Flexible Investment Opportunity Supporting Owner-User, Repositioning, Leasing, or Redevelopment Strategies
Ample Parking - 16 Spaces | 3 Per 1000 SF
Building Details
Building Size
5,217 SF
Year Built
1944
Buildings
2
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Sheila Alimadadian · License #License(s): CA: 01266188
(949) 419-3265
Source:
Marcusmillichap
Added: Aug 25
Changed: Sep 8
Last Checked: Oct 5 at 3:08PM
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 Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
This storefront retail property comprises two parcels and two buildings totaling approximately 5,217 square feet on 12,153 square feet of land. The improvements date to 1930 and include established occupants India’s Tandoori Halal Restaurant and Jackson Hewitt. The restaurant lease includes a five-year extension option with annual rent increases. Zoning is C-2/C-2YY.
Approximately 100 feet of frontage along Hawthorne Boulevard provides exposure near El Segundo Boulevard, while rear parking supports access to the buildings. The property is positioned near major retailers, the I-105 and I-405 freeways, LAX, and the broader South Bay employment base. Separate-parcel ownership provides flexibility for future owner-user, leasing, repositioning, or redevelopment plans, as supported by the existing configuration.
Approximately 100 feet of frontage along Hawthorne Boulevard provides exposure near El Segundo Boulevard, while rear parking supports access to the buildings. The property is positioned near major retailers, the I-105 and I-405 freeways, LAX, and the broader South Bay employment base. Separate-parcel ownership provides flexibility for future owner-user, leasing, repositioning, or redevelopment plans, as supported by the existing configuration.
Key Highlights
- Two buildings totaling approximately 5,217 square feet on 12,153 square feet of land
- Two‑parcel configuration with C‑2/C‑2YY zoning
- Established tenants include India’s Tandoori Halal Restaurant and Jackson Hewitt
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,424
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,308,480
$2.3M
Cap Rate 7%
$1,648,914
$1.6M
Cap Rate 9%
$1,282,489
$1.3M
Market Conditions
NOI Build-Up for 5,217 SF
Gross rent
$176.5K $33.84/SF
− Vacancy
−$11.7K −$2.23/SF
EGI
$164.9K $31.61/SF
− OpEx
−$49.5K −$9.48/SF
NOI
$115.4K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,308,480
Cap Rate 7%
$1,648,914
Cap Rate 9%
$1,282,489
Alternative Uses
Best Use
Retail
$1.65M
$1.44M – $1.92M
NOI $115,424 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.79M
$2.44M – $3.26M
NOI $195,521 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,778
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90250, CA
97,653
Population
34,105
Households
2.9
Avg Household Size
35
Median Age
26%
College-Educated
79%
High-School Grad
6.8 sq mi
ZIP Area
14,361
Density / Sq Mi
$74,923
Median Household Income
$40,288
Median Earnings
$1,723
Median Rent
$827,600
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Two-parcel retail asset with established restaurant and tax-preparation tenants, rear parking, and access to major South Bay routes.
Where is this storefront property located?
The property is located at 12866 Hawthorne Blvd Hawthorne, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Two buildings totaling approximately 5,217 square feet on 12,153 square feet of land; Two‑parcel configuration with C‑2/C‑2YY zoning; Established tenants include India’s Tandoori Halal Restaurant and Jackson Hewitt
