16900 Blvd Lawndale, CA 90260
This 9,645 square foot retail building, situated on an 11,956 square foot lot (.27 acres) at 16900 Hawthorne Boulevard in Lawndale, CA, presents a compelling investment opportunity. Boasting a highly visible, signalized corner location with 213 linear feet of Hawthorne Boulevard frontage, this single-story building enjoys exceptional access from three sides, including a rear alleyway. The open floor plan, abundant windows, and ample natural light create a blank canvas for a variety of retail concepts. With over 40,000 vehicles passing daily, and just three blocks from the intersection of Hawthorne and Artesia (110,000+ VPD), this property benefits from exceptional visibility and high traffic counts. The property is conveniently located near the South Bay Galleria (with planned remodel), the 405 Freeway, and numerous national retailers including Starbucks, Boston Market, Walgreens, CVS, and Chase Bank. The building includes six parking spaces (a .6/1,000 sq ft ratio) and benefits from a Walk Score of 88. Built in 1957, the property is zoned NC (Neighborhood Commercial) in Lawndale. Approved plans for a mixed-use development, incorporating retail space on the ground floor, 20 apartments above, and underground parking, are available for prospective developers. Furthermore, the property's location within a Qualified Opportunity Zone offers potential tax incentives. The property is available for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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