11850 Hawthorne Blvd, Hawthorne, CA 90250
List Price: $2.5M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1932
Lot Size: 13,274 sq ft
MLS Number: SB26155620
About This Property
11850 Hawthorne Boulevard presents a compelling value-add mixed-use investment opportunity in the heart of Hawthorne’s thriving South Bay market. ***Priced at only $152 per square foot—well below replacement cost!!!—the property offers investors significant upside through below-market rents and residential and retail vacancies. >The 16,375-square-foot property sits on a 13,274-square-foot lot and consists of six one-bedroom apartments, two studios, and three street-front retail spaces. Strategically located along heavily traveled Hawthorne Boulevard, the property benefits from excellent visibility, strong traffic counts with approximately 39,000 vehicles per day, and diversified residential and retail income. Once stabilized, the property's projected cap rate is at nearly 8%. The residential units are not subject to LA City RSO and are governed only by California AB 1482, allowing annual rent increases of 8.7% as of August 2026 (5% plus CPI), subject to the applicable cap. The C-2 zoning may also allow approximately 19,900 square feet of commercial development, providing additional long-term redevelopment potential (buyer to verify). This is a rare opportunity to acquire a substantial South Bay asset below replacement cost with solid in-place income, immediate value-add potential, and multiple paths for long-term appreciation.>>See Supplements for OM<<
Listing provided by: Evelyn Baez Gonzalez DRE #02103055 310-425-9838 evelyn@lyonstahl.com, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS