13344 Hawthorne BlvdHawthorne, CA 90250

Property Details for 13344 Hawthorne Blvd

Year built

1948

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

4,100 SF

Zone code

HAC2YY

Property type

Retail properties

Property subtype

Retail space

APN

4045-005-035

APU

4045005035

Description

This exceptional investment property, located at 13344 Hawthorne Boulevard in Hawthorne, California, presents a rare opportunity to acquire a well-established multi-tenant building. The property encompasses 4,100 square feet and sits on a 0.13-acre lot. The building currently houses three distinct units, each offering a unique income stream. The anchor tenant is the iconic Pizza Show restaurant, a beloved local establishment operating since 1954. This tenant has a lease with three years remaining. The second unit is a beauty salon operating under a yearly lease with one year remaining. The third unit, located at the rear of the building, is currently vacant. Historically, this space functioned as a bakery. The property's location in Hawthorne, CA offers significant potential for appreciation and strong rental income. The existing tenants provide immediate cash flow, while the vacant unit presents an opportunity to increase revenue through lease-up or redevelopment. Detailed rental information is available upon request. This is an ideal investment for those seeking a stable, income-producing asset in a thriving market. The property's history and established tenant base make it a compelling opportunity for long-term growth and profitability. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,460,380

  6.5%

  $1,348,043

  7%

  $1,251,754

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,059,590

  Geo Method

  $2,059,590

• Alternative Use

  Use

  Valuation

  Residential

  $1,137,125

  Hospitality

  $1,041,600

  Educational

  $866,599

  Medical

  $896,403

  Retail

  $1,348,043

Location Insight

City

Hawthorne

County

Los Angeles

State

California

Latitude

33.9111

Longitude

-118.352

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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