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Property profile & analytics
FOR LEASE
Community centers

20020 Hawthorne Blvd Torrance, CA 90503

87,942 SF 8.33 ac lot Built 1979
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-9528361
Property summary
AI-generated overview

Best Plaza Shopping Center, located at 20020-20140 Hawthorne Blvd, Torrance, CA 90503 (NEC Hawthorne & Del Amo Blvd.), offers a prime retail opportunity in Los Angeles County. This 98,090 square foot, multi-tenant retail center, built in 1973 and renovated in 2024, sits on a 9.155-acre lot and boasts three buildings. The property features a diverse mix of national tenants, including a flagship climbing gym (38,000 SF), Planet Fitness (21,000 SF), New Balance, Crumbl Cookies, HotWorx, Jollibee, and many others. With ample parking (5.07 spaces per 1,000 square feet), the center benefits from strong regional draw, attracting customers from throughout the South Bay. While currently fully occupied, the property offers a minimum divisible space of 1,400 square feet, with a maximum contiguous space of 5,983 square feet. The center's recent renovation ensures modern amenities and a high-quality tenant experience. This is an exceptional opportunity to invest in a thriving retail center in a desirable location. No elevators are present on the property.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1979
Total area 87,942 SF
Lot 8.33 ac (363,055 SF)
Zoning code TOHC-GEN
APN 7352-001-038
UPID US09-9528361
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
  • HearUSA Hearing Aid Store Audiologist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$24.63M
Owner & transaction history
Escondido Mission Village · 5 yrs held
Escondido Mission Village
since 2020
4 recorded transactions
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
TOHC-GEN · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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