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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15815 Hawthorne Blvd Lawndale, CA 90260

    • Office buildings
    • 1,233 SF
    • 0.15 lot acres
    For Sale
    View listing
    $1,600,000
    Value Estimations
    Cap Rate Potential
    9%
    Office buildings
    Location Intelligence
    Property ID
    US09-8017433
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sun Environmental Services Co / Environmental Consultant

    Property Details for 15815 Hawthorne Blvd

    Year built
    1947
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    1,233 SF
    Zone code
    LNC3YY
    Property type
    Office buildings
    APN
    4074-001-008
    APU
    4074001008

    Description

    This 6,471 square foot commercial property, situated on a 0.07-acre lot at 15815 Hawthorne Blvd in Lawndale, CA, presents a unique investment opportunity. Currently operating as a limo service, the property benefits from its high-traffic location next to a vacant lot on Manhattan Beach Boulevard. Its proximity to the 405 Freeway ensures excellent accessibility for clients and employees, capitalizing on the busy streets in this vibrant area of the South Bay. The substantial square footage offers ample space for a variety of business ventures, making it suitable for expansion or relocation. The property's strategic location and high visibility make it an attractive option for businesses seeking a prominent presence in a bustling commercial district. This is an exceptional chance to establish or grow your business in a prime South Bay location with convenient freeway access and high pedestrian and vehicular traffic. The property is priced at $1,600,000 and offers significant potential for return on investment. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $320,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $480,000
      6.5%
      $440,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $314,000
      Market price range: $96.2k - $330k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $475,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lawndale
    County
    Los Angeles
    State
    California
    Longitude
    -118.353
    Latitude
    33.8868
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,525
    $304,141
    $130,337
    $434,478
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $340,000
      8,986 SF

      4416 154th St

      OFFICE BUILDING • 8,986 SF
      4416 154th St, Lawndale, CA 90260-2003
      View Details
    • Value Estimation
      $770,000
      46,321 SF

      15342 Hawthorne Blvd

      OFFICE BUILDING • 46,321 SF
      15342 Hawthorne Blvd, Lawndale, CA 90260-2152
      View Details
    • Value Estimation
      $340,000
      1,060 SF

      15827 Hawthorne Blvd

      OFFICE BUILDING • 1,060 SF
      15827 Hawthorne Blvd, Lawndale, CA 90260-2643
      View Details
    • Value Estimation
      $1,670,000
      7,812 SF

      14608 Hawthorne Blvd

      PROFESSIONAL BUILDING • 7,812 SF
      14608 Hawthorne Blvd, Lawndale, CA 90260-1521
      View Details
    • Value Estimation
      $320,000
      624 SF

      4114 Marine Ave

      OFFICE BUILDING • 624 SF
      4114 Marine Ave, Lawndale, CA 90260-1749
      View Details
    • Value Estimation by Request
      207,972 SF

      15000 Aviation Blvd

      OFFICE BUILDING (MULTI-STORY) • 207,972 SF
      15000 Aviation Blvd, Lawndale, CA 90260-1107
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,937 SF

      Lawndale Office Building - Prime Location

      Spacious Office, 3937 sq ft, 0.71 acre lot
      14623 Blvd Unit 208, Lawndale, CA 90260
      View Details
    • $1,399,000
      2,506 SF

      Lawndale Office Building - Great Value

      Prime Lawndale location, flexible zoning, owner-user potential.
      15001 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • $2,799,000
      1,104 SF

      Lawndale Retail Corner Lot Investment

      High-traffic location, multiple development options
      16301 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • $1,199,000
      2,556 SF

      Lawndale Duplex with New Roof

      Duplex in Lawndale with new roof and copper plumbing.
      4539 W 171St St, Lawndale, CA 90260
      View Details
    • $1,600,000
      6,471 SF

      Lawndale Commercial Space - High Traffic

      Busy Lawndale location, ideal for business.
      15815 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • $950,000

      Lawndale Specialty Property for Sale

      Specialty property available in Lawndale, California.
      14522 Avis Ave, Lawndale, CA 90260
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      5,432 SF

      Free Standing Warehouse Space

      5,000 SF warehouse with flexible layout near LAX.
      15200 Mansel Ave, Lawndale, CA 90260
      View Details
    • $1.95 SF/Yr
      9,000 SF

      Refurbished Warehouse with Fenced Yard

      Lawndale warehouse with proximity to Beach Cities and El Segundo.
      15118 Grevillea Ave, Lawndale, CA 90260
      View Details
    • $32 SF/Yr
      9,057 SF

      Hawthorne Blvd Retail Space

      Lawndale, CA storefront opportunity.
      15628 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • $3,495,000
      1,100 SF

      Retail/Office Space Available

      Retail or office space for rent in Lawndale, CA.
      4501-4513 Artesia Blvd, Lawndale, CA 90260
      View Details
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    Lawndale, CA 90260
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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