Retail Building with Showroom
For Sale
$2,600,000
15802 Hawthorne, Lawndale, CA 90260
Commercial Sale, Lawndale, CA
Property Size3,978 SF
Lot Size0.31 Acres
Price / SF$653.59
Days on Market48
Property Features for 15802 Hawthorne
General Information
Property type
Residential
Property subtype
Retail
Zoning
GC
Subdivision
113 - South Lawndale
Standard status
Active
APN
4074003001
Lot size
0.31 Acres
Utilities
Cooling system
Central Air
Building Details
Year built
1954
Listing Agency:
Real Estate Establishment Inc.
(714) 744-5711
Listed By:
Matthew Drenner · License #01945690
(714) 744-5711
Added: Jul 13
Changed: Aug 24
Last Checked: Aug 29 at 7:06AM
MLS# PW26152531
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 retail property includes a 3,978-square-foot commercial building on a 13,530-square-foot lot. Constructed in 1954, the building has central air and is positioned for consideration by retail, office, showroom, service, or owner-user occupants, subject to confirmation of permitted uses and development regulations.
The property is located on Hawthorne Boulevard in Lawndale, within a South Bay commercial corridor. Its placement provides access to the surrounding communities and major freeways. The site is zoned GC, or General Commercial, with applicable uses and development potential requiring verification through the City of Lawndale and the Hawthorne Boulevard Specific Plan.
The property is located on Hawthorne Boulevard in Lawndale, within a South Bay commercial corridor. Its placement provides access to the surrounding communities and major freeways. The site is zoned GC, or General Commercial, with applicable uses and development potential requiring verification through the City of Lawndale and the Hawthorne Boulevard Specific Plan.
Key Highlights
- 3,978‑square‑foot commercial building on a 13,530‑square‑foot lot
- GC zoning; verify permitted uses and development standards with the City of Lawndale
- Located on Hawthorne Boulevard in Lawndale, CA
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$88,012
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,760,240
$1.8M
Cap Rate 7%
$1,257,314
$1.3M
Cap Rate 9%
$977,911
$977.9K
Market Conditions
NOI Build-Up for 3,978 SF
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.
Gross rent
$134.6K $33.84/SF
− Vacancy
−$8.9K −$2.23/SF
EGI
$125.7K $31.61/SF
− OpEx
−$37.7K −$9.48/SF
NOI
$88.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,760,240
Cap Rate 7%
$1,257,314
Cap Rate 9%
$977,911
Alternative Uses
Best Use
Retail
$1.26M
$1.10M – $1.47M
NOI $88,012 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.13M
$1.86M – $2.48M
NOI $149,086 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,591
Businesses Nearby
199k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 42%
Dining 33%
Shops & Services 23%
Electronics 1%
El Super
Groceries
44,178 visits/mo
0.4 miles
Smart & Final
Groceries
40,110 visits/mo
0.5 miles
McDonald's
Dining
32,166 visits/mo
0.2 miles
Panda Express
Dining
16,839 visits/mo
0.4 miles
ARCO
Shops & Services
13,679 visits/mo
0.5 miles
Demographics for 90260, CA
33,338
Population
10,787
Households
3.1
Avg Household Size
36
Median Age
23%
College-Educated
75%
High-School Grad
2.5 sq mi
ZIP Area
13,335
Density / Sq Mi
$86,736
Median Household Income
$38,183
Median Earnings
$1,877
Median Rent
$745,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - General Commercial zoning and central air support a flexible commercial building configuration, subject to permitted-use verification.
Where is this retail space located?
The property is located at 15802 Hawthorne Lawndale, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 3,978‑square‑foot commercial building on a 13,530‑square‑foot lot; GC zoning; verify permitted uses and development standards with the City of Lawndale; Located on Hawthorne Boulevard in Lawndale, CA
