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15151 Prairie Ave 3,988 SF Industrial Building Lawndale, CA 90260 $1,800,000 ($451.35/SF) 5% Cap Rate



Investment Highlights
- Prime location High-demand area with strong visibility, access and parking.
- Excellent exposure along the highly trafficked Prairie Ave corridor in the South Bay
- Approx. 75% warehouse / 25% office buildout with private office area, restroom, and kitchenette configuration
- Functional warehouse + office configuration with an efficient layout ideal for owner-users
- One grade-level 13' roll-up loading door for convenient warehouse access
- High warehouse ceilings with open-span functionality and mezzanine storage
Executive Summary
This striking 3,988 square-foot (plus extra 300sq ft of mezzanine and enclosed space) industrial warehouse offers a rare opportunity to acquire a highly functional South Bay commercial asset with exceptional visibility along the heavily traveled Prairie Avenue corridor. Featuring a versatile 75/25 warehouse-to-office configuration, the property is ideally suited for light industrial, logistics, creative workspace, automotive, distribution, or service-oriented businesses seeking both functionality and image. The warehouse space features approximately 25-foot ceilings, a 13-foot grade-level roll-up loading door, polished concrete floors, and an open-span layout designed for efficient operations and flexible use. A mezzanine area provides additional storage or workspace potential. Approximately 25% of the building is built out as office space, complete with two private restrooms and kitchenette, creating a turnkey environment for owner-users or investors alike. Positioned on a 5,773 square-foot lot, the property also includes dedicated on-site parking with three front parking spaces and excellent street frontage for signage and exposure. Strategically located in the supply-constrained Lawndale industrial submarket, the property offers outstanding connectivity to the 405 Freeway, LAX, the South Bay, and the greater Los Angeles port and logistics network.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$122,640
|
$30.75
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$122,640
|
$30.75
|
| Taxes |
$22,500
|
$5.64
|
| Operating Expenses |
$10,200
|
$2.56
|
| Total Expenses |
$32,700
|
$8.20
|
| Net Operating Income |
$89,940
|
$22.55
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $122,640 |
| Annual Per SF | $30.75 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $122,640 |
| Annual Per SF | $30.75 |
| Taxes | |
|---|---|
| Annual | $22,500 |
| Annual Per SF | $5.64 |
| Operating Expenses | |
|---|---|
| Annual | $10,200 |
| Annual Per SF | $2.56 |
| Total Expenses | |
|---|---|
| Annual | $32,700 |
| Annual Per SF | $8.20 |
| Net Operating Income | |
|---|---|
| Annual | $89,940 |
| Annual Per SF | $22.55 |
Property Facts
Amenities
- 24 Hour Access
- Controlled Access
- Front Loading
- Mezzanine
- Signage
- Reception
- Storage Space
- Air Conditioning
- Breakroom
Utilities
- Lighting - Fluorescent
- Gas
- Water - City
- Sewer - City
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Palm Realty Boutique
- Real Estate
- 3,988 SF
- -
- Triple Net
- May 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Palm Realty Boutique | Real Estate | 3,988 SF | - | Triple Net | May 2026 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4076-001-016 | Total Assessment | $902,746 (2025) |
| Land Assessment | $497,918 (2025) | Annual Taxes | $22,500 ($5.64/SF) |
| Improvements Assessment | $404,828 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
4076-001-016
Land Assessment
$497,918 (2025)
Improvements Assessment
$404,828 (2025)
Total Assessment
$902,746 (2025)
Annual Taxes
$22,500 ($5.64/SF)
Tax Year
2026
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15151 Prairie Ave
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