14524 Hawthorne BlvdLawndale, CA 90260
- Residential income properties
- 1,371 SF
Property Details for 14524 Hawthorne Blvd
- Year built
- 1947
- Lot size
- 0.50 AC
- Property size (Sq ft)
- 1,371 SF
- Zone code
- LNC3*
- Property type
- Residential income properties
- Property subtype
- Mobile home & RV parks
- APN
- 4077-010-004
- APU
- 4077010004
Description
This exceptional Lawndale investment opportunity encompasses two parcels totaling 0.94 acres on Hawthorne Boulevard, boasting 146 feet of frontage and a 281-foot depth. The property includes a 20-space mobile home park (AP# 4077-010-004) situated on 21,859 square feet, currently featuring 11 rented and 9 readily rentable spaces, offering immediate cash flow. A 2-bedroom single-family home is located at the entrance of the park. The second parcel (AP# 4077-010-005), covering 18,999 square feet, houses a vacant 1,200 square-foot former auto repair shop ("Best Lube N Tune") and additional vacant land. The property's prime location in central Lawndale provides easy access to major employment centers including El Segundo, Hawthorne, Torrance, Inglewood, LAX, the Port of Long Beach, SoFi Stadium, and SpaceX, all conveniently served by nearby freeways. This presents a unique chance to capitalize on existing rental income while exploring significant development potential in a high-demand area. The total land area is 40,858 square feet, with existing structures totaling 2,571 square feet. This is a rare opportunity to acquire a substantial property with immediate cash flow and significant long-term upside.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $513,658
- 6.5%
- $474,146
- 7%
- $440,278
-
Comparable approach
- Method
- Valuation
- Relative Method
- $512,690
- Geo Method
- $512,690
-
Alternative Use
- Use
- Valuation
- Residential
- $474,146
- Hospitality
- $434,315
- Educational
- $361,345
- Medical
- $373,772
- Retail
- $562,092
Location Insight
- City
- Lawndale
- County
- Los Angeles
- State
- California
- Latitude
- 33.8993
- Longitude
- -118.352
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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