Six-Unit Retail
For Sale
$1,370,000
4056 Marine Avenue, Lawndale, CA 90260
Short-term leases, individual electric meters, and private restrooms serve the building’s six retail units.
Property Size4,505 SF
Lot Size0.27 Acres
Price / SF$304.11
Days on Market56
Property Features for 4056 Marine Avenue
General Information
Standard status
Active
Size
4,505 SF
Total Parking Spaces
17
Lot size
0.27 Acres
Property subtype
Mixed Use
Occupancy
100%
Site & Location
Corner Location
Yes
Traffic Count
26,000 vehicles/day
Additional Details
Tenant in Place
Yes
Building Details
Building Size
4,505 SF
Year Built
1964
Buildings
1
Tenancy
Multi
Listing Agency:
Apex Properties
(818) 917-6558
Listed By:
Christopher Comfort · License #01407997
(818) 715-0915
Source:
Laroccarealestate
Added: Sep 2
Changed: Oct 26
Last Checked: Oct 26 at 3:37PM
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 Apex Properties
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Investment Insights
Based on property information with market context.
This 4,505-square-foot retail building occupies an 11,547-square-foot lot and contains six units. Five tenants currently occupy the space, with one tenant using two units. Each unit has a restroom, a rear door, and a separate electric meter. A roof replacement, including new plywood sheathing, was completed one year ago; its warranties cover labor for 7 years and materials for 12 years. The leases are short-term, and 17 parking spaces are provided at the rear of the property.
At the signal-controlled intersection of Marine Avenue and Osage Avenue in Lawndale, the property sees roughly 26,000 vehicles per day. The surrounding area has an average household income of approximately $100,000, and the site is in the South Bay region of Los Angeles County.
At the signal-controlled intersection of Marine Avenue and Osage Avenue in Lawndale, the property sees roughly 26,000 vehicles per day. The surrounding area has an average household income of approximately $100,000, and the site is in the South Bay region of Los Angeles County.
Key Highlights
- Six retail units totaling 4,505 square feet on an 11,547‑square‑foot lot
- Five tenants occupy the property; one tenant uses two units
- Short‑term leases across all units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,671
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,993,420
$2.0M
Cap Rate 7%
$1,423,871
$1.4M
Cap Rate 9%
$1,107,456
$1.1M
Market Conditions
NOI Build-Up for 4,505 SF
Gross rent
$152.4K $33.84/SF
− Vacancy
−$10.1K −$2.23/SF
EGI
$142.4K $31.61/SF
− OpEx
−$42.7K −$9.48/SF
NOI
$99.7K $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%
$1,993,420
Cap Rate 7%
$1,423,871
Cap Rate 9%
$1,107,456
Alternative Uses
Best Use
Retail
$1.42M
$1.25M – $1.66M
NOI $99,671 @ 7.0% cap · market cap 7.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,837 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
26,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,656
Businesses Nearby
377k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Groceries 34%
Shops & Services 19%
Apparel 3%
El Super
Groceries
44,178 visits/mo
0.4 miles
Northgate Gonzalez Markets
Groceries
42,600 visits/mo
0.5 miles
Smart & Final
Groceries
40,110 visits/mo
0.4 miles
Dollar Tree
Shops & Services
34,911 visits/mo
0.4 miles
McDonald's
Dining
32,166 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Short-term leases, individual electric meters, and private restrooms serve the building’s six retail units.
Where is this retail space located?
The property is located at 4056 Marine Avenue Lawndale, CA.
What is the asking price?
The asking price for this property is $1,370,000.
What are key features of this property?
This property features: Six retail units totaling 4,505 square feet on an 11,547‑square‑foot lot; Five tenants occupy the property; one tenant uses two units; Short‑term leases across all units
