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3800 W Imperial Hwy 4,600 SF Retail Building Inglewood, CA 90303 $1,050,000 ($228.26/SF)
Investment Highlights
- Value-Add / Owner-User Opportunity – ±4,600 SF freestanding retail building on a 7,422 SF lot
- Flexible Occupancy – Opportunity to occupy, reposition, or lease the property at market rent
- Parking & Access – Rear surface parking plus convenient 20-minute street parking
- Significant Rental Upside – Month-to-month tenant currently paying $3,500/month, substantially below estimated market rent
- HACM (Hawthorne Mixed Commercial) Zoning – Allows for a variety of commercial uses and potential redevelopment
- Additional Cell Tower Income – Separately leased cell tower generates approximately $17,000 annually
Executive Summary
3800 W Imperial Highway presents a unique value-add investment and owner-user opportunity featuring an approximately 4,600 SF freestanding retail building on a 7,422 SF lot with rear surface parking and convenient 20-minute street parking. The building is currently occupied by a month-to-month tenant paying significantly below-market rent, providing flexibility to reposition the asset, secure a new tenant at market rent, or occupy the building.
Zoned HACM (Hawthorne Mixed Commercial), the site allows for a variety of commercial uses including retail, office, service, and other uses, subject to City approval and buyer verification. The location also benefits from prominent frontage and visibility along Imperial Highway, which sees approximately 30,600 vehicles per day.
A separately leased cell tower generates approximately $17,000 in additional annual income, with ownership having received a $275,000 proposal for the cell-site rights. Cell tower income and related rights may be negotiated separately from the purchase price.
*Subject property has an Inglewood mailing address but is located within the City of Hawthorne and is subject to City of Hawthorne zoning and jurisdiction.*
Zoned HACM (Hawthorne Mixed Commercial), the site allows for a variety of commercial uses including retail, office, service, and other uses, subject to City approval and buyer verification. The location also benefits from prominent frontage and visibility along Imperial Highway, which sees approximately 30,600 vehicles per day.
A separately leased cell tower generates approximately $17,000 in additional annual income, with ownership having received a $275,000 proposal for the cell-site rights. Cell tower income and related rights may be negotiated separately from the purchase price.
*Subject property has an Inglewood mailing address but is located within the City of Hawthorne and is subject to City of Hawthorne zoning and jurisdiction.*
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,600 SF
Building Class
C
Year Built
1961
Price
$1,050,000
Price Per SF
$228.26
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.17 AC
Zoning
HACM - Commercial
Parking
8 Spaces (1.74 Spaces per 1,000 SF Leased)
Frontage
61’ on West Imperial Highway
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4048-018-018 | Improvements Assessment | $81,859 |
| Land Assessment | $56,603 | Total Assessment | $138,462 |
Property Taxes
Parcel Number
4048-018-018
Land Assessment
$56,603
Improvements Assessment
$81,859
Total Assessment
$138,462
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3800 W Imperial Hwy