Medical Office
4477 W 118th Street, Hawthorne, CA 90250
For Sale
New
$525,000
Commercial Sale, Hawthorne, CA
Property Size1,851 SF
Price / SF$283.63
Days on Market3
Property Features for 4477 W 118th Street
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Additional Details
Property Use
Condition
Utilities
Cooling system
Building Details
Year built
Listing Agency:
Chhabria Real Estate Company
(310) 379-2167
Listed By:
Neil Chhabria · License #01821437
(310) 902-7227
Added: Nov 5
Last Checked: Nov 7 at 12:06AM
MLS# SB26238402
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.
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Investment Insights
Based on property information with market context.
This 1,851-square-foot medical office condominium has an established clinical layout with a waiting lobby, separate reception area and eight private offices or exam rooms. The suite also includes two restrooms, staff work space, built-in cabinetry and storage. Large windows bring natural light into the interior, and central air conditioning is installed.
Located at 4477 W 118th Street in Hawthorne, the property includes three subterranean garage parking spaces. The building was constructed in 1983.
Located at 4477 W 118th Street in Hawthorne, the property includes three subterranean garage parking spaces. The building was constructed in 1983.
Key Highlights
- 1,851‑square‑foot medical office condominium
- Eight private offices or exam rooms, plus a waiting lobby and separate reception area
- Two in‑suite restrooms and built‑in cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,461
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,220
$809.2K
Cap Rate 7%
$578,014
$578.0K
Cap Rate 9%
$449,567
$449.6K
Market Conditions
NOI Build-Up for 1,851 SF
Gross rent
$71.1K $38.40/SF
− Vacancy
−$17.1K −$9.25/SF
EGI
$53.9K $29.15/SF
− OpEx
−$13.5K −$7.29/SF
NOI
$40.5K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,220
Cap Rate 7%
$578,014
Cap Rate 9%
$449,567
Alternative Uses
Best Use
Office B
$578.0K
$505.8K – $674.4K
NOI $40,461 @ 7.0% cap · market cap 7.71%
Second Best
Healthcare Medical
$501.5K
$438.8K – $585.0K
NOI $35,102 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$991.0K
$867.1K – $1.16M
NOI $69,371 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,176
Businesses Nearby
Under-served
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
$827,600
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Los Angeles County, CA
Properties on Market for Medical Office Space in Los Angeles County
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing clinical improvements include private rooms, reception and patient waiting areas, with three garage spaces.
Where is this medical office space located?
The property is located at 4477 W 118th Street Hawthorne, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,851‑square‑foot medical office condominium; Eight private offices or exam rooms, plus a waiting lobby and separate reception area; Two in‑suite restrooms and built‑in cabinetry
