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

    16606 Hawthorne Blvd Lawndale, CA 90260-3241

    • Drive through restaurants
    • 4,826 SF
    • 0.26 lot acres
    OFF-MARKET
    Last Sale
    Nov 06, 2020
    $300,000
    Value Estimations
    $375,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9782507
    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

    • Pollo Campero Lawndale / Guatemalan Restaurant
    • Pollo Campero / Guatemalan Restaurant

    Property Details for 16606 Hawthorne Blvd

    Year built
    1953
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    4,826 SF
    Zone code
    LNC3YY
    Property type
    Drive through restaurants
    APN
    4075-009-001
    APU
    4075009001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $320,000
      ML approach
      $275,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $532,000
      Market price range: $493k - $1.09M

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawndale
    County
    Los Angeles
    State
    California
    Longitude
    -118.352
    Latitude
    33.8799
    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
    $21,030
    $1,338,621
    $0.00
    $1,338,621
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      714 SF

      14828 Hawthorne Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 714 SF
      14828 Hawthorne Blvd, Lawndale, CA 90260-1525
      View Details
    • Value Estimation
      $275,000
      396 SF

      4607 Artesia Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 396 SF
      4607 Artesia Blvd, Lawndale, CA 90260-3467
      View Details
    • Value Estimation
      $360,000
      2,067 SF

      16610 Hawthorne Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,067 SF
      16610 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • Value Estimation
      $275,000
      2,178 SF

      15025 Hawthorne Blvd

      TAKE-OUT RESTAURANT • 2,178 SF
      15025 Hawthorne Blvd, Lawndale, CA 90260-1504
      View Details
    • Value Estimation
      $300,000
      1,140 SF

      15714 Hawthorne Blvd

      TAKE-OUT RESTAURANT • 1,140 SF
      15714 Hawthorne Blvd, Lawndale, CA 90260-2640
      View Details
    • Value Estimation
      $280,000
      2,732 SF

      16006 Inglewood Ave

      TAKE-OUT RESTAURANT • 2,732 SF
      16006 Inglewood Ave, Lawndale, CA 90260-2510
      View Details

    Similar Nearby for Sale

    • $2,750,000
      5,509 SF

      Lawndale Mixed-Use Investment Opportunity

      Signalized corner location with multiple tenants near beach cities.
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    • $2,799,000
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      Lawndale Retail Corner Lot Investment

      High-traffic location, multiple development options
      16301 Hawthorne Blvd, Lawndale, CA 90260
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    • $3,495,000
      8,617 SF

      Lawndale Retail Center Investment

      7-Unit Strip Center, High-Traffic Location
      4513 Artesia Blvd, Lawndale, CA 90260
      View Details
    • $3,895,000
      7,080 SF

      Retail Building with Development Potential

      Free-standing retail building with plans for 35 apartment units.
      17000 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

    Similar Nearby for Lease

    • $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
    • $32 SF/Yr
      9,057 SF

      Hawthorne Blvd Retail Space

      Lawndale, CA storefront opportunity.
      15628 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • $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
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    Lawndale, CA 90260-3241
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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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