17000 Hawthorne Boulevard, Lawndale, CA, 90260

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$3,899,000
31 Days Online

17000 Hawthorne Boulevard
Lawndale, CA 90260

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
7,080
SqFt
$551
/SqFt
1960
Built
County:
Listed by Andrew Adler of Century 21 Real Estate Alliance

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17000 Hawthorne Boulevard17000 Hawthorne Boulevard17000 Hawthorne Boulevard17000 Hawthorne Boulevard
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Asking $3,899000For Sale with abundant parking and high visibility on Hawthorne Blvd, this 7,080 s.f. building on a 14,358 s.f. parcel is just a short distance to the South Bay Galleria in beautiful Lawndale, renowned for its Alondra Community Park and South Bay Wedding Center. With easy access and a corner location, this desirable property is ideally suited for a restaurant or other vibrant retail business requiring onsite customer parking. The ground level, single story interior is wide open, with abundant windows facing Hawthorne Blvd.,This property was leased on August 1, 2024 for $12,500 / month NNN on a two-year lease with two 2-year OptionsThe property benefits from over 40,000 vehicles a day passing by and is just 2 blocks from the intersection of Hawthorne and Artesia, which sees 110,000 vehicles a day, and is one of the busiest intersections in the South Bay area. A retail business here will be in the great company of nearby national retailers such as Starbuck's, Boston Market, Walgreens, CVS, and Chase Bank. Prospective retailers can also look forward to the nearby South Bay Galleria's planned remodel and Metro Link's expansion to attract and generate an even greater customer base. For destination-oriented retailers, this location is just a few blocks away from the 405 Freeway.The owner has plans for a mixed-use development opportunity comprised of retail space on the ground floor, 35 apartments above, and underground parking below. For prospective developers, these plans can be made available and included in the purchase. The property is also located in a Qualified Opportunity Zone, which offers potential tax incentives to investors / developers. SALIENT FACTSParcel # 4075-014-025High Traffic Counts - 50,000+ VPD 7,080 s.f. freestanding buildingLarge 14,358 SF Lot (.33 acres)18+ Parking Spaces2 Blocks from South Bay Galleria MallWalk Score: Very walkable (88)Retail / RestaurantYear Built: 1960 Parking ratio: 2.35 / 1,000 s.f.Hawthorne frontage: 118 linear feetAccess: Access from three sides, including the rear alleywayZoning is NC / Neighborhood commercial, Lawndale.INVESTMENT HIGHLIGHTSDEVELOPMENT OPPORTUNITY: Landlord has approved plans to build 35 apartment units with ground-floor retail and underground parking.OPPORTUNITY ZONE: Located in a Qualified Opportunity Zone offering potential tax incentives.

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Listing Snapshot
Price 
$3,899,000
Days Online 
31 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,080 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
14,358 Acres
Year Built 
1960
MLS® Number 
V1-22171
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Construction 
FrameStucco
Parking Spaces 
20
Electric 
Item220 Volts
Number of Stories 
1
Water 
Public
Property Sub Type 
Retail
Utilities 
Cable AvailableElectricity ConnectedPhone ConnectedSewer ConnectedWater ConnectedOverhead Utilities
Zoning 
Neighborhood Commercial
Listing Conditions 
Standard
Interior Features
Heating 
Central
Laundry Features 
None
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Exterior Features
Roof 
CompositionFlat
Fencing 
None
Lot 
Corners MarkedLevelPavedSprinklers NoneStreet LevelWalkstreet
Community Features
Association Dues 
0


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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