Freestanding Retail Building with Housing
For Sale
Contact for pricing
17000 Hawthorne Blvd, Lawndale, CA 90260
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 Market1367
Property Features for 17000 Hawthorne Blvd
General Information
Standard status
Active
Size
7,080 SF
Property subtype
RETAIL
Listing Agency:
Kidder Mathews
(310) 807-0880
Listed By:
Tyler Griffith · License #02190756
(916) 316-7594
Source:
Moodyscre
Added: Feb 1, 2023
Changed: Oct 25
Last Checked: Oct 28 at 11:44AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$156,642
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,132,840
$3.1M
Cap Rate 7%
$2,237,743
$2.2M
Cap Rate 9%
$1,740,467
$1.7M
Market Conditions
NOI Build-Up for 7,080 SF
Gross rent
$239.6K $33.84/SF
− Vacancy
−$15.8K −$2.23/SF
EGI
$223.8K $31.61/SF
− OpEx
−$67.1K −$9.48/SF
NOI
$156.6K $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%
$3,132,840
Cap Rate 7%
$2,237,743
Cap Rate 9%
$1,740,467
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,400
Businesses Nearby
257k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 24%
Apparel 12%
Groceries 8%
Dollar Tree
Shops & Services
30,197 visits/mo
0.2 miles
Aldi
Groceries
21,227 visits/mo
0.3 miles
Chase Bank
Shops & Services
18,995 visits/mo
0.2 miles
Starbucks
Dining
18,597 visits/mo
0.3 miles
Wells Fargo
Shops & Services
16,572 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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
