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General Commercial Retail Building

15802 Hawthorne Lawndale, CA 90260

New
15802 Hawthorne, Lawndale, CA, 90260
$2,600,000
For Sale
$2,600,000

Commercial building on a high-traffic corridor with zoning for General Commercial uses.

Property Size3,978 SF
Lot Size0.31 Acres
Price / SF$653.59
Days on Market2

Property Features for 15802 Hawthorne

General Information

Standard status
Active
Size
3,978 SF
Lot size
0.31 Acres
Property subtype
Commercial

Building Details

Year Built
1954
Listing agency Real Estate Establishment,Inc.
Listed by Matthew Drenner · License #01945690
Source Elliman
Added: Jul 20 Updated: Jul 21 at 5:25PM Checked: Jul 21 at 5:25PM

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 Real Estate Establishment,Inc.


Investment Insights

Based on property information with market context.

This commercial property includes a 3,978 sq. ft. building situated on a 13,530 sq. ft. lot, offering flexible potential for a range of uses such as retail, office, showroom, service, or owner-user operations. The offering also references an attached use matrix and the Hawthorne Blvd Specific Plan, and buyers are advised to verify zoning, permitted uses, and development potential with the City of Lawndale.

The property is located along Hawthorne Boulevard in Lawndale, positioned for strong street presence and visibility. It also notes convenient access to major freeways and surrounding South Bay communities.

Zoned General Commercial, the site provides an opportunity to acquire a substantial commercial building on an infill corridor.

Key Highlights

  • 3,978 sq. ft. commercial building built in 1954 on a 13,530 sq. ft. lot
  • General Commercial zoning with flexibility for retail, office, showroom, service, or owner‑user uses (verify permitted uses with the City of Lawndale)
  • Located on Hawthorne Boulevard in Lawndale along a highly traveled corridor for strong street presence

Local 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 $134.6k $33.84
− Vacancy −$8.9k −$2.23
EGI $125.7k $31.61
− OpEx −$37.7k −$9.48
NOI $88.0k $22.12
3,978 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.26M
$1.10M – $1.47M (±1% cap)
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 (±1% cap)
NOI $149,086 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Real Estate Agency Law Firm Nursing Home Storage Facility Nursing Home (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Locksmith Cosmetic Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Strip mall - Commercial building on a high-traffic corridor with zoning for General Commercial uses.
Where is this strip mall 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 sq. ft. commercial building built in 1954 on a 13,530 sq. ft. lot; General Commercial zoning with flexibility for retail, office, showroom, service, or owner‑user uses (verify permitted uses with the City of Lawndale); Located on Hawthorne Boulevard in Lawndale along a highly traveled corridor for strong street presence
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