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$ 849,000
Est. payment | /mo
3,101 Sqft Lot
$ 849,000
Est. payment | /mo
3,101 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26241800
HOA Y/N No
Year Built 1948
Lot Size 3,101 Sqft
Property Sub-Type Retail
Property Description
14620–14624 Hawthorne Blvd offers approximately 2,490 rentable SF across two retail suites in Lawndale. Offered at $849,000 ($341/SF), the property is marketed at a 7.68% cap rate and a 9.02% pro forma cap rate. Buyers can collect income from the restaurant while using the second suite for their own business or leasing it for additional income.
The ±1,850 SF restaurant is fully built out with a spacious dining area, dedicated bar, manager's office, and walk-in cooler. Monthly rent is $4,500, with a scheduled increase to $5,000 in January 2027. The ±650 SF former salon can accommodate a range of uses, including personal care, professional services, or specialty retail, subject to applicable approvals. Projected rent for the suite is $2,000 per month.
Recent improvements include a new roof, upgraded electrical, larger water and gas lines, an in-line grease interceptor, and a backflow prevention device. Both suites front Hawthorne Boulevard, with approximately 39,000 vehicles per day at the nearest intersection and convenient access to the I-405 and I-110 freeways.
The ±1,850 SF restaurant is fully built out with a spacious dining area, dedicated bar, manager's office, and walk-in cooler. Monthly rent is $4,500, with a scheduled increase to $5,000 in January 2027. The ±650 SF former salon can accommodate a range of uses, including personal care, professional services, or specialty retail, subject to applicable approvals. Projected rent for the suite is $2,000 per month.
Recent improvements include a new roof, upgraded electrical, larger water and gas lines, an in-line grease interceptor, and a backflow prevention device. Both suites front Hawthorne Boulevard, with approximately 39,000 vehicles per day at the nearest intersection and convenient access to the I-405 and I-110 freeways.
Location
State CA
County Los Angeles
Area 112 - North Lawndale
Interior
Fireplace No
Laundry None
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 4077010036
Special Listing Condition Standard
Listed by Woody Stahl Lyon Stahl Investment Real Est broker@lyonstahl.com, DRE #01399621