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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.

PROPERTY FEATURES

Electric: 220 Volts Water Source: Public
Uncovered Spaces: 20.00 # of Parking Spaces: 20.00
Lot Features: Corners Marked,Walkstreet,Utilities - Overhead,Paved,Sprinklers None,Level with Street,Level,Lot 10000-19999 Sqft Fencing: None
Land Use: Other,Retail Investment Property Business Type: Animal Grooming,Special Use,Retail,Mixed Parcel Identification Number: 4075014025 Occupancy: Occupied
Cooling: Has Cooling Heating: Has Heating Heating Type: Central
Roof Type: Composition,Flat Construction: Frame,Stucco Year Built Source: Public Records
Laundry Features: None Laundry: Has Laundry
Zoning: Neighborhood Commercial

PROPERTY DETAILS

Street Address: 17000 Hawthorne Boulevard
City: Lawndale
State: California
Postal Code: 90260
MLS Number: V1-22171
Year Built: 1960
Courtesy of Century 21 Real Estate Alliance

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