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12203 Hawthorne Blvd 2,000 sq ft 100% Let Retail Property Hawthorne, CA 90250 £640,904 (£320.45/sq ft) 5.46% Net Initial Yield



EXECUTIVE SUMMARY
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 at strong current market rates. The second unit is anchored by a long-term, established tenant (Pizza Hut has 329 google reviews), providing stable income and who pays all utilities plus 1/2 of the annual property tax. The lot of 8,731 sq ft is a 100% completely flat lot, ready to build. Expansion Potential: Oversized lot with space to build an additional large structure in this high traffic area between 25,000 -35,000 daily. Excellent Exposure: High-visibility frontage along Hawthorne Blvd with dual access from Hawthorne Way. Prime Location: Just minutes from Los Angeles International Airport (LAX), SoFi Stadium, and with convenient access to the 405 and 105 freeways. Great immediate strengths, and very strong potential upside, this property also offers the opportunity to own a sizeable commercial lot in Hawthorne, this is a market where values have been steadily rising—and in many cases, skyrocketing. Acquire in a corridor of growth and watch your investment—or your 1031 exchange—become one of the best decisions you make this year. We welcome all 1031 exchange, financing or cash buyers. I can also guide a buyer to a very attractive purchase loan. Call today for details.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Conditions
Property Type
Retail
Property Subtype
Shopfront
Property Size
2,000 sq ft
Costar Property Class
C
Year Built
1926
Price
£640,904
Price per sq ft
£320.45
Yield
5.46%
NOI
£35,009
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.23
Total Plot Size
0.20 ac
Use Class
HAC2YY - Commercial
Parking
12 Spaces (6 Spaces per 1,000 sq ft Leased)
Frontage
50 ft on Hawthorne
AMENITIES
- Bus Route
- Signage
Walk Score®
Easily Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4041-001-010 | Improvements Assessment | £251,916 |
| Land Assessment | £370,465 | Total Assessment | £622,381 |
PROPERTY TAXES
Parcel Number
4041-001-010
Land Assessment
£370,465
Improvements Assessment
£251,916
Total Assessment
£622,381
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12203 Hawthorne Blvd
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