13356 Prairie AveHawthorne, CA 90250

  • Mixed-use properties
  • 1,609 SF
For Sale
$1,090,000 View listing

Property Details for 13356 Prairie Ave

Year built
1959
Construction
WOOD
Lot size
0.11 AC
Property size (Sq ft)
1,609 SF
Zone code
HACM
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
4050-029-023
APU
4050029023

Description

This exceptional mixed-use property in Hawthorne, CA, presents a unique investment opportunity. Situated on a high-traffic street, the property boasts a prime location near SpaceX, Hawthorne Airport, Costco Business Center, and LAX, offering unparalleled accessibility and visibility. The offering encompasses two contiguous lots, totaling approximately 7,110 square feet (0.16 acres), with separate APNs: 4050-029-023 and 4050-029-033. The main structure is a 1,609 square foot building featuring a two-bedroom residence and an attached machine/mechanic shop. The shop itself comprises two bay areas with overhead garage doors and high ceilings, previously utilized for light auto repair and machine shop operations. An office and half-bath are conveniently located within the shop. Additional outdoor space at the rear of the property provides ample storage for vehicles and equipment. The property's central location, combined with its versatile layout and existing improvements, presents significant potential for various uses, including continued operation as a live/work space, expansion of the existing business, or redevelopment into a larger-scale commercial venture. The high traffic count on Prairie Avenue ensures excellent exposure for any business operating from this location. This is a rare opportunity to acquire a substantial property in a thriving area with immense growth potential. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $454,186
    6.5%
    $419,249
    7%
    $389,303
  • Comparable approach

    Method
    Valuation
    Relative Method
    $354,764
    Geo Method
    $354,764
  • Alternative Use

    Use
    Valuation
    Residential
    $519,869
    Hospitality
    $476,197
    Educational
    $396,190
    Medical
    $409,816
    Retail
    $616,296
13356 Prairie Ave, Hawthorne, California

Location Insight

City
Hawthorne
County
Los Angeles
State
California
Latitude
33.9111
Longitude
-118.344
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
$3,199
$164,662
$1,629
$166,291
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FAQs

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