16129 Hawthorne BlvdLawndale, CA 90260

Property Details for 16129 Hawthorne Blvd

Year built

1984

Construction

WOOD

Lot size

0.51 AC

Property size (Sq ft)

10,250 SF

Zone code

LNC3*

Property type

Community centers

APN

4080-028-043

APU

4080028043

Description

This exceptional 10,250 square foot retail strip center, located at 16129 Hawthorne Boulevard in Lawndale, California (zip code 90260), presents a prime leasing opportunity. Currently, 1,180 square feet of retail space is available for lease within this multi-tenant property, situated in the desirable AIR - LAX Area submarket of Los Angeles County. The property boasts ample parking, with a ratio of 3 spaces per 1000 square feet of building area. The zoning designation is C3, allowing for a variety of commercial uses. The building's total size is 10,250 square feet, offering potential for expansion or synergy with existing tenants. This location benefits from high visibility and accessibility, making it an ideal choice for businesses seeking strong foot traffic and convenient access for customers. The property is situated in Lawndale, CA, offering a strategic location within close proximity to the LAX airport and major transportation arteries. This presents a unique opportunity to establish or expand a retail presence in a thriving commercial area. Interested parties should inquire about lease terms and conditions.

• CAP approach

  CAP return

  Valuation

  6%

  $4,633,556

  6.5%

  $4,277,129

  7%

  $3,971,620

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,231,746

  Geo Method

  $6,231,746

• Alternative Use

  Use

  Valuation

  Residential

  $3,607,918

  Hospitality

  $3,304,834

  Educational

  $2,749,583

  Medical

  $2,844,145

  Retail

  $4,277,129

Location Insight

City

Lawndale

County

Los Angeles

State

California

Latitude

33.8839

Longitude

-118.353

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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