3800 W Imperial Hwy,Hawthorne, CA 90303
Hawthorne, CA 90303
Description
3800 W Imperial Highway presents a unique value-add investment and owner-user opportunity featuring an approximately 4,600 SF freestanding retail building on a 7,422 SF lot with rear surface parking and convenient 20-minute street parking. The building is currently occupied by a month-to-month tenant paying significantly below-market rent, providing flexibility to reposition the asset, secure a new tenant at market rent, or occupy the building. Zoned HACM (Hawthorne Mixed Commercial), the site allows for a variety of commercial uses including retail, office, service, and other uses, subject to City approval and buyer verification. The location also benefits from prominent frontage and visibility along Imperial Highway, which sees approximately 30,600 vehicles per day. A separately leased cell tower generates approximately $17,000 in additional annual income, with ownership having received a $275,000 proposal for the cell-site rights. Cell tower income and related rights may be negotiated separately from the purchase price. *Subject property has an Inglewood mailing address but is located within the City of Hawthorne and is subject to Hawthorne zoning and land-use regulations.*
Details
| MLS # | SB26180893 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 22 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | Larson Harley |
Features
| SQ Feet | 4,600 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 1 |
| Zoning | HACM |
| Acreage | 0.17 |
Exterior
| Lot Features | Corner Lot |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Hawthorne |
| Zip Code | 90303 |
| Area | 110 East Hawthorne |
| Listing VS Median (in 90303) | |
Price: $1,050,000 low | high Med: $1,247,500 sqft: 4,600 low | high Med: 3,516 $ / sqft: $228 low | high Med: $364 On site: 22 low | high Med: 41.5 | |
Market Activity 90303
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Hawthorne |
| Zip Code | 90303 |
| Area | 110 East Hawthorne |
| Listing VS Median (in 90303) | |
Price: $1,050,000 low | high Med: $1,247,500 sqft: 4,600 low | high Med: 3,516 $ / sqft: $228 low | high Med: $364 On site: 22 low | high Med: 41.5 | |
