Warehouse Property with Two
For Sale
$5,900,000
13623 Crenshaw, Hawthorne, CA 90250
Commercial Sale, Hawthorne, CA
Property Size22,000 SF
Lot Size0.79 Acres
Price / SF$268.18
Days on Market191
Property Features for 13623 Crenshaw
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HAM1
Directions
On Crenshaw between W. Rosecrans and W El Segundo
Subdivision
108 - North Hawthorne
Standard status
Active
APN
4052016001
Lot size
0.79 Acres
Building Details
Year built
1953
Listing Agency:
Century 21 Jervis & Associates · Century 21 Real Estate
(562) 862-2226
Listed By:
Dale Jervis · License #00849695
(562) 743-2121
Added: Mar 31
Changed: Aug 20
Last Checked: Oct 7 at 10:06PM
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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$286,263
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,725,260
$5.7M
Cap Rate 7%
$4,089,471
$4.1M
Cap Rate 9%
$3,180,700
$3.2M
Market Conditions
NOI Build-Up for 22,000 SF
Gross rent
$353.8K $16.08/SF
− Vacancy
−$17.0K −$0.77/SF
EGI
$336.8K $15.31/SF
− OpEx
−$50.5K −$2.30/SF
NOI
$286.3K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,725,260
Cap Rate 7%
$4,089,471
Cap Rate 9%
$3,180,700
Alternative Uses
Best Use
Warehouse
$4.09M
$3.58M – $4.77M
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
NOI $824,510 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
18 ft
Clear height
11
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,471
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 Industrial in West region
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Frequently Asked Questions
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
