Property profile

1509 Hawthorne Blvd Redondo Beach, CA 90278

OFF-MARKET
Retail properties & Spaces
117,267 SF
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Property summary

AI-generated overview

South Bay Marketplace offers a unique retail investment opportunity in the heart of Redondo Beach, California. This vibrant shopping center, located at 1509 Hawthorne Boulevard (zip code 90278), boasts a total of 117,267 square feet of commercial retail space. The property is strategically situated on Hawthorne Boulevard, a major north-south artery in southwestern Los Angeles County, ensuring high visibility and accessibility. Its proximity to the Interstate 405 Hawthorne Boulevard interchange further enhances its appeal, given the freeway's high traffic volume. Currently, there are 3,779 square feet of vacant space available, divisible into units as small as 1,327 square feet and with a maximum contiguous space of 2,433 square feet. The center is anchored by strong national tenants including Nordstrom Rack, Sprouts, Total Wine, and ULTA, representing 80% of the shopping center's occupancy. This established tenant mix provides a stable foundation for future growth and success. The property benefits from its location near other major retailers such as Living Spaces, Target, and Ralphs, creating a synergistic retail environment. This exceptional location and strong tenant base make South Bay Marketplace an attractive investment opportunity for discerning buyers seeking a high-performing retail property in a thriving Los Angeles County market. The property is located in Los Angeles County.

Property profile

Verified
Property type Retail properties & Spaces
Total area 117,267 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Physician
  • Physician
  • Take-out & Catering Catering Service
  • Restaurant

Location

1509 Hawthorne Blvd Redondo Beach, CA 90278
Redondo Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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