Exceptional property with excellent 50 feet Hawthorne Blvd frontage visability, a 2-Unit Commercial Investment Opportunity with a Cap Rate Above 7 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 city allowing 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, restaurant and professional 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:Both units will be delivered vacant-- 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.