New Listing – 6-Unit Retail/Office/Medical Building
Daniel Shieh of Lyon | Stahl is pleased to present 11934 Hawthorne Blvd, a 6-unit retail/office/medical building in Hawthorne!
This property is offered at $2,150,000
With all leases on a month-to-month basis, it is ideal for an investor to re-tenant the building and achieve the value add potential with the existing rent upside, or an owner/user to utilize one of the four street level retail/office spaces or one of the two lobby access office/medical units upstairs while producing income through the other units.
The property benefits from the high demand for South Bay commercial property and is located near some major area tenants including Tesla, SpaceX, Boeing, Toyota, Lockheed Martin, Honda, Tesoro, and newly announced Amazon’s Ring headquarters. The LA Stadium and Entertainment District scheduled to be completed next year is less than 3 miles away and will be home to the LA Rams and LA Chargers, and will host Superbowl LVI and the 2028 Summer Olympics.
11934 Hawthorne Boulevard is positioned with immediate access to vital Los Angeles arteries of the I-105 and I-405 freeways. Also, easy access to the Metro Green Line and I-110 freeway, LAX and many of the luxurious South Bay beaches are approximately 6 miles away.
The city of Hawthorne was incorporated in 1922 andhas a population of approximately 87,000. Ideally located near the Los Angeles International Airport, connected by rail to the Port of Los Angeles and downtown Los Angeles, surrounded by the I-405, I-110, and I-105 Freeways, and near the beautiful coastline of Manhattan Beach and Hermosa Beach, Hawthorne is in a prime part of the South Bay Region of Los Angeles.
• High traffic count in densely populated, thriving market
• 6-tenant building (5 month-to-month leases, 1 second floor office vacancy)
• Hawthorne corridor commercial zoning allows a wide variety of retail and office uses
• Minutes to LAX, 405/105 Freeways & Beach Cities
Businesses like Tesla, SpaceX, and Amazon’s Ring now call Hawthorne home. Additionally, the area will benefit from the new home of the LA Rams and Chargers once construction is complete in 2020, located just 2 miles north of the property. Millennials are flocking to the area for its work/live/play environment.
The South Bay is the epicenter of Southern California’s thriving industrial, shipping, aerospace and manufacturing industry.