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Elite Motors - Auto Sales and Rental 17025 Hawthorne Blvd 564 SF Retail Building Lawndale, CA 90260 $1,100,000 ($1,950.35/SF)



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
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
564 SF
Building Class
C
Year Built
1970
Price
$1,100,000
Price Per SF
$1,950.35
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.19 AC
Zoning
LNC3 - LNC3 - flexible commercial zoning
Parking
40 Spaces (70.92 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
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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Elite Motors - Auto Sales and Rental | 17025 Hawthorne Blvd
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