14524 Hawthorne BlvdLawndale, CA 90260

  • Residential income properties
  • 1,371 SF
For Sale
$3,500,000 View listing

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
14524 Hawthorne Blvd, Lawndale, California

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

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
$13,762
$919,204
$758
$919,962
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-
-
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