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17025 Hawthorne Blvd - Elite Motors - Auto Sales and Rental 661 SF Specialty Building Offered at $1,100,000 in Lawndale, CA 90260
Investment Highlights
- Prime corner location with Alley access and two curb cuts for flexibility
- Approximately 8,000 sf lot - 65 ft frontage on Hawthorne x 122 ft on 171st
- Desirable location bordering Redondo and Torrance
- Investment - Owner User or Value Add with development options
- Land value pricing at $137.50 per foot
- Surrounded by new developments with new projects on the way
Executive Summary
Great corner high exposure location on a major commercial corridor within a few blocks of the Galleria on Artesia and the 405 freeway. Current tenant is month to month with a desire to continue at this location. The options are numerous with flexibility for an investor to sign a new lease, for a developer to recreate a new project or an owner user to step in and take advantage of this tremendous location. There are two curb cuts - one in front on Hawthorne and one on 171st with alley access providing even more flexibility for future development. Lease contract rent is $4,400 p/m gross with a used car sales business. The sales office exterior measures approximately 661 sf while the net leasable is 564 sf.
Property Facts
| Price | $1,100,000 | Building Size | 661 SF |
| Price Per SF | $1,664.15 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1970 |
| Sale Condition | 1031 Exchange | Parking Ratio | 60.51/1,000 SF |
| Property Type | Specialty | Cross Streets | 171st and Hawthorne |
| Zoning | LNC3 - LNC3 - flexible commercial zoning | ||
| Price | $1,100,000 |
| Price Per SF | $1,664.15 |
| Sale Type | Investment or Owner User |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Building Size | 661 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 60.51/1,000 SF |
| Cross Streets | 171st and Hawthorne |
| Zoning | LNC3 - LNC3 - flexible commercial zoning |
Amenities
- Signage
- Air Conditioning
- Smoke Detector
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4081-029-032 | Improvements Assessment | $35,706 |
| Land Assessment | $271,448 | Total Assessment | $307,154 |
Property Taxes
Parcel Number
4081-029-032
Land Assessment
$271,448
Improvements Assessment
$35,706
Total Assessment
$307,154
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17025 Hawthorne Blvd - Elite Motors - Auto Sales and Rental
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