Hawthorne, CA 90250,12207 Hawthorne
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$875,000
Est. payment /mo
2,000 SqFt
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $437

MLS Listing ID CRSB25226010

HOA Y/N No

Year Built 1926

Lot Size 8,726 Sqft

Acres 0.2

Property Sub-Type Retail

Property Description

Exceptional property with excellent 50 feet Hawthorne Blvd frontage visability, a 2-Unit Commercial Investment Opportunity with a Cap Rate Above 5.3 percent. Presenting an exceptional chance to own a versatile 2-unit commercial property located directly on the highly trafficked Hawthorne Boulevard, offering unparalleled visibility with daily traffic to range between 25,000 - 35,000 cars per day. The property includes a well-positioned 2,000 sq-ft. commercial building on an expansive 8,731 sq. ft. lot, with the ability to develop an additional large structure—creating immediate upside potential through increased rental income and property value. The existing tenant in the lease it is written that it will be allowed, when the Lessor/Owner is ready to build an additional building in the entry through Hawthorne Wy, (see concept building in pictures rendered) This will also be complimented with the zoning of this lot HAC2YY- a commercial zoning classification in Hawthorne, allowing retail and or restaurant uses. The build up of the property can be a restaurant or retail store. So let your building plans double the value of this property and bring double the annual rents. Current Property Highlights, Two Units: One unit will be delivered vacant—ideal for an owner-user or re-leasing

Location

State CA

County Los Angeles

Zoning HAC2

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Other

Total Parking Spaces 12

Building

New Construction No

Others

Tax ID 4041001010


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Bridge MLS
Listed by Luis Gonzalez • Vista Sotheby’s International Realty

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12207 Hawthorne