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EXECUTIVE SUMMARY
CBRE Inc., as exclusive advisor to the Seller, presents a rare opportunity to acquire 12621 Prairie Avenue, a versatile commercial/light industrial property situated in the thriving North Hawthorne area, often referred to as the “Space Corridor.” This asset features a 2,175 SF building on a 2,780 SF lot and offers immediate occupancy with completely vacant possession.
The interior has been recently renovated, including updated office flooring and fresh paint throughout the office space and exterior, making the building move-in ready and minimizing immediate capital expenditure for the new owner. The property includes a mix of upstairs and downstairs office space, a full second-floor bathroom, an attached warehouse, and a secure, enclosed rear yard. It boasts excellent visibility and frontage on Prairie Avenue, providing convenient access to the 105 and 405 freeways, LAX, and the rapidly growing aerospace and tech hubs of the South Bay, including SpaceX and Tesla.
Zoned CM (commercial/light industrial use), this property is an ideal acquisition for either a discerning owner-occupier seeking a modern, strategically located space, or an investor looking to capitalize on the strong demand and appreciation potential in this developing South Bay market.
Please visit the Property Website https://www.cbreprairie.com to view the Offering Memorandum.
The interior has been recently renovated, including updated office flooring and fresh paint throughout the office space and exterior, making the building move-in ready and minimizing immediate capital expenditure for the new owner. The property includes a mix of upstairs and downstairs office space, a full second-floor bathroom, an attached warehouse, and a secure, enclosed rear yard. It boasts excellent visibility and frontage on Prairie Avenue, providing convenient access to the 105 and 405 freeways, LAX, and the rapidly growing aerospace and tech hubs of the South Bay, including SpaceX and Tesla.
Zoned CM (commercial/light industrial use), this property is an ideal acquisition for either a discerning owner-occupier seeking a modern, strategically located space, or an investor looking to capitalize on the strong demand and appreciation potential in this developing South Bay market.
Please visit the Property Website https://www.cbreprairie.com to view the Offering Memorandum.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,050,000 | Rentable Building Area | 2,175 SF |
| Price Per SF | $482.76 | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 1982 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.77/1,000 SF |
| Building Class | C | Clear Ceiling Height | 18’ |
| Lot Size | 0.06 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | CM - Check with the city planning & development department for usage details allowed. | ||
| Price | $1,050,000 |
| Price Per SF | $482.76 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.06 AC |
| Rentable Building Area | 2,175 SF |
| No. Stories | 2 |
| Year Built | 1982 |
| Tenancy | Single |
| Parking Ratio | 0.77/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | CM - Check with the city planning & development department for usage details allowed. |
AMENITIES
- Bus Line
- Fenced Lot
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 4046-025-019 | Improvements Assessment | $128,767 |
| Land Assessment | $334,811 | Total Assessment | $463,578 |
PROPERTY TAXES
Parcel Number
4046-025-019
Land Assessment
$334,811
Improvements Assessment
$128,767
Total Assessment
$463,578
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12621 Prairie Ave
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