13356 Pr Ave Hawthorne, CA 90250-6103
- Investment properties
- 1,609 SF
- 0.11 lot acres
Current Use by Public Records
- Investment properties
Property Details for 13356 Pr Ave
- Year built
- 1959
- Construction
- WOOD
- Lot size
- 0.11 lot acres
- Property size
- 1,609 SF
- Zone code
- HACM
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 4050-029-023
- APU
- 4050029023
Description
This exceptional mixed-use property in Hawthorne, CA, presents a unique investment opportunity. Situated on a high-traffic street, the property boasts a prime location near SpaceX, Hawthorne Airport, Costco Business Center, and LAX, offering unparalleled accessibility and visibility. The offering encompasses two contiguous lots, totaling approximately 7,110 square feet (0.16 acres), with separate APNs: 4050-029-023 and 4050-029-033. The main structure is a 1,609 square foot building featuring a two-bedroom residence and an attached machine/mechanic shop. The shop itself comprises two bay areas with overhead garage doors and high ceilings, previously utilized for light auto repair and machine shop operations. An office and half-bath are conveniently located within the shop. Additional outdoor space at the rear of the property provides ample storage for vehicles and equipment. The property's central location, combined with its versatile layout and existing improvements, presents significant potential for various uses, including continued operation as a live/work space, expansion of the existing business, or redevelopment into a larger-scale commercial venture. The high traffic count on Prairie Avenue ensures excellent exposure for any business operating from this location. This is a rare opportunity to acquire a substantial property in a thriving area with immense growth potential. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $920,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $870,000
- 6.5%
- $830,000
- 7%
- $760,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $855,000
- Geo Method
- $800,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $930,000
- Retail
- $1,000,000
- Mixed-Use
- $815,000
- Hospitality
- $965,000
- Educational
- $845,000
- Residential Income
- $845,000
- Energy
- $720,000
- Income-Based Land
- $975,000
- Food Service
- $905,000
Location Insight
- Map
- Local Demand
- City
- Hawthorne
- County
- Los Angeles
- State
- California
- Longitude
- -118.344
- Latitude
- 33.9111
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA