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Active
3800 W Imperial Hwy Hawthorne, CA 90303
7,422 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26180893
HOA Y/N No
Year Built 1961
Lot Size 7,422 Sqft
Property Sub-Type Retail
Property 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.*
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.*
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Zoning HACM
Interior
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 4048018018
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Larson Harley Lyon Stahl Investment Real Estate, Inc. 949-933-1112, DRE #02045736