New Listing – Industrial Property in Hawthorne
Nico Rosmarin of Lyon | Stahl Investment Real Estate is excited to present 3642 W 139th St, an industrial property for sale in the heart of Hawthorne!
This 3,382 Sq Ft building on a 6,405 Sq Ft lot is offered for $695,000
The property is currently being leased to a church on a month-to-month basis.
The building is composed of two large open areas, 3 baths, 3 offices, full kitchen, and a large entrance waiting area.
The lot is zoned HAM1 allowing for numerous potential redevelopments. Adjacent to Prairie Vista South with excellent exposure and traffic count.
“The town between the city and the sea”. “The city” was Los Angeles and the beaches of the South Bay were becoming quite popular with the advent of the Red Car Line making it easier for vacationers and beachgoers to reach the Pacific. Hawthorne’s strategic location is even more evident as the area’s employment centers and lines of transportation have developed.
Hawthorne has a total population of approximately 84,300 and has a well-rounded mix of business and industries. Major employers in Hawthorne and the South Bay include, Northrop Grumman, Raytheon, Los Angeles Air Force Base, Hawthorne Municipal Airport, Los Angeles International Airport, Daniel Freeman Hospital, and the Ports of Los Angeles and Long Beach. Recent newcomers toHawthorne’s employment base include SpaceX, and Ring, the smart video doorbell firm owned by Amazon. These companies point to a growing and bright future in the aerospace and tech industries. Hawthorne also benefits greatly from its close neighbors such as Torrance, El Segundo, Inglewood and the ports of Los Angeles and Long Beach. There is no rent control in Hawthorne. In summary, the high demand for rental housing, continuing economic growth in the South Bay, and high cost of home ownership all support strong investment fundamentals and future rent growth.
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