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    16822 Hawthorne Blvd Lawndale, CA 90260-3218
    Property profile & analytics

    16822 Hawthorne Blvd, Lawndale, CA 90260-3218

    View on Map
    • Retail space
    • 3,214 SF
    • 0.07 lot acres
    Off-Market
    Property ID
    US09-7407633
    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.
    Value Estimations
    $545,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • El Tiburon Restaurant / Restaurant
    • S K Liquor & Market / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • Channy Panaderia Guatemalteca / Restaurant

    Property Details for 16822 Hawthorne Blvd

    Year built
    1947
    Construction
    WOOD
    Lot size
    0.07 lot acres
    Zone code
    LNC3YY
    Property type
    Retail space
    APN
    4075-011-009
    APU
    4075011009

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 9, 2005 — Lee Ok Y Tr Lee,sang K Affidavit Of Death · related —
    Apr 26, 2004 — Kil Lee,sang K & Ok Y Quit Claim Deed · related —
    Apr 15, 2002 $250,000 Sang K Lee Chong Trust Grant Deed $250k · First Continental Bank
    Oct 17, 2001 — Yun C Chong Chong,y C & T S Quit Claim Deed · related —
    Oct 31, 1994 — Yun C Chong Lee,s W & M C Quit Claim Deed · related —
    Feb 27, 1992 $120,500 Scott W Lee Chong,yun C Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $612,000
      Market price range: $613k - $1.98M

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawndale
    County
    Los Angeles
    State
    California
    Longitude
    -118.352
    Latitude
    33.8778
    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
    $4,448
    $90,508
    $183,902
    $274,410
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,165,000
      3,978 SF

      15802 Hawthorne Blvd

      RETAIL STORES (PERSONAL SERVICES)
      15802 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • Value Estimation
      $4,490,000
      14,873 SF

      15103 Hawthorne Blvd

      RETAIL STORES (PERSONAL SERVICES)
      15103 Hawthorne Blvd, Lawndale, CA 90260-2137
      View Details
    • Value Estimation
      $585,000
      2,287 SF

      16201 Hawthorne Blvd

      RETAIL STORES (PERSONAL SERVICES)
      16201 Hawthorne Blvd, Lawndale, CA 90260-2934
      View Details
    • Value Estimation
      $4,575,000
      15,050 SF

      15718 Hawthorne Blvd

      RETAIL STORES (PERSONAL SERVICES)
      15718 Hawthorne Blvd, Lawndale, CA 90260-2640
      View Details
    • Value Estimation
      $2,485,000
      9,645 SF

      16900 Hawthorne Blvd

      RETAIL STORES (PERSONAL SERVICES)
      16900 Hawthorne Blvd, Lawndale, CA 90260-3215
      View Details
    • Value Estimation by Request
      768 SF

      16801 Pr Ave

      RETAIL STORES (PERSONAL SERVICES)
      16801 Pr Ave, Lawndale, CA 90260
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      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
    • $2,450,000
      10,844 SF

      Retail Space on Hawthorne Boulevard

      Retail property with 10,844 square feet of space.
      16414-16424 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • Contact for pricing

      Retail Strip Center For Sale

      Retail strip center with repositioning opportunity in a prime location.
      Lawndale, CA 90260
      View Details
    • Contact for pricing
      10,000 SF

      Lawndale Warehouse/Creative Office/Flex Space

      10,000 SF building with on-site parking in Lawndale.
      4337 W 147Th St, Lawndale, CA 90260
      View Details
    • $975,000

      Used Car Sales Corner Lot

      Corner lot with two curb cuts and alley access, supporting continued used car sales and potential future redevelopment.
      17025 Hawthorne Blvd, Lawndale, CA 90260
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      2,166 SF

      Remodeled Medical Office Space Available

      Prime Lawndale location, ideal for medical or retail services.
      16705 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • Contact for pricing
      4,160 SF

      Retail Space Available For Lease

      Retail space available for lease in Lawndale, California.
      14411 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • Contact for pricing
      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
    • Contact for pricing

      Freestanding Retail Pad Building

      Freestanding retail pad building available for lease.
      17124 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • $3,300 /Mo
      1,969 SF

      Lawndale Commercial Space For Lease

      Corner location near 405 freeway, ideal for restaurant/retail.
      16200 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • Contact for pricing

      High-Exposure Shopping Center in Lawndale

      Neighborhood shopping center with flexible leasing options in Lawndale, CA.
      15625-15705 Hawthorne Blvd, Lawndale, CA 90260
      View Details
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    Lawndale, CA 90260-3218
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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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