16900 Hawthorne Blvd Lawndale, CA 90260-3215
- Retail space
- 9,645 SF
- 0.27 lot acres
Current Use by Public Records
- Moda Italia / Furniture Store
- Beach Front Property Management - Lawndale @ Hawthorne Blvd / Lodge
Property Details for 16900 Hawthorne Blvd
- Year built
- 1957
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.27 lot acres
- Property size
- 9,645 SF
- Zone code
- LNC3YY
- Property type
- Retail space
- APN
- 4075-012-019
- APU
- 4075012019
Description
This exceptional 9,645 square foot retail building, situated on a spacious 11,956 square foot lot (approximately 0.27 acres) at 16900 Hawthorne Boulevard in Lawndale, CA 90260 (APN 4075-012-019), presents a compelling investment opportunity. Boasting high visibility and excellent signage on Hawthorne Boulevard, this single-tenant property enjoys a hard corner location with exceptional access, benefiting from over 40,000 vehicles passing daily, and just three blocks from one of the South Bay's busiest intersections (Hawthorne & Artesia) with 110,000 vehicles per day. The ground-level, single-story building features a wide-open, blank-slate interior with abundant windows facing Hawthorne Boulevard, ideal for a variety of retail concepts. The property includes six parking spaces and offers access from three sides, including a rear alleyway. Its location is highly desirable, with proximity to the South Bay Galleria (undergoing a planned remodel), the Metro Link expansion, and the 405 Freeway. Nearby national retailers include Starbucks, Boston Market, Walgreens, CVS, and Chase Bank. The property's zoning is Neighborhood Commercial (NC), Lawndale. Approved plans for a mixed-use development, incorporating retail space on the ground floor, 20 apartments above, and underground parking, are available for prospective developers. This property is located in a Qualified Opportunity Zone, offering potential tax incentives. Built in 1957, this property has a Walk Score of 88 ("Very Walkable") and a parking ratio of 0.6 per 1,000 square feet. The Hawthorne Boulevard frontage measures 213 linear feet. The asking lease rate is $2.35 per square foot, and the asking sale price is $3,699,000. The property is available for immediate occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawndale
- County
- Los Angeles
- State
- California
- Longitude
- -118.352
- Latitude
- 33.8774
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
