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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 – Approximately 4,600 SF freestanding commercial building on a 7,422 SF lot
- Flexible Occupancy – Opportunity to reposition the property, secure a new tenant at market rent, or occupy the building
- Potential Cannabis Retail Use – Subject to City of Hawthorne approval, licensing requirements, and buyer verification
- 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 eight surface parking spaces located at the rear of the property. The property is currently occupied by a month-to-month tenant paying significantly below-market rent, providing flexibility to reposition the property, secure a new tenant at market rent, or occupy the building.
Zoned HACM (Hawthorne Mixed Commercial), the property allows for a variety of commercial uses, including potential cannabis retail use, subject to City approval and buyer verification. The property also benefits from prominent frontage and visibility along Imperial Highway.
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 property allows for a variety of commercial uses, including potential cannabis retail use, subject to City approval and buyer verification. The property also benefits from prominent frontage and visibility along Imperial Highway.
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
Building Size
4,600 SF
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
Parking
8 Spaces (1.74 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 10
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3800 W Imperial Hwy