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Property profile & analytics
OFF-MARKET Estimated value $1,165,000
Retail space

16418 Hawthorne Blvd Lawndale, CA 90260-2913

7,434 SF 0.18 ac lot Built 1948
Entity Owned 6-yr Hold Free & Clear
Property ID
US09-9813320
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents three vacant buildings totaling 10,844 square feet on three combined parcels encompassing 15,681 square feet of land in Lawndale, California. Located at 16414, 16418, and 16424 Hawthorne Boulevard, this property boasts 121 feet of frontage and 130 feet of depth, offering significant potential for various retail uses. The main building at 16418 Hawthorne Boulevard comprises 7,434 square feet, situated on a 7,806 square foot lot. A second building at 16424 Hawthorne Boulevard offers 1,550 square feet on a 3,884 square foot lot, complete with a rear driveway. The third building, located at 16414 Hawthorne Boulevard, features 1,860 square feet on a 3,991 square foot lot and includes some gated parking. Built in 1948, the property is zoned LNC3 and includes 10 parking spaces. The asking price is $2,800,000, representing a land value of $176 per square foot and a building value of $258 per square foot. The property is currently vacant and presents a unique opportunity for a significant retail redevelopment project. Individual parcels may also be sold separately. The property's prime location in Lawndale, Los Angeles County, offers excellent visibility and accessibility.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Construction WOOD
Total area 7,434 SF
Lot 0.18 ac (7,804 SF)
Zoning code LNC3YY
APN 4075-007-007
UPID US09-9813320
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Frank's Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$1.17M
Owner & transaction history
Frank Cubed LLC · 6 yrs held
Frank Cubed LLC
since 2019
4 recorded transactions
2019
Price N/A
2019
Price N/A
2013
Price N/A
1992
Price N/A
Zoning & alternative use
LNC3YY · Lawndale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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