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Meridian Real Estate & Investments
14620 Hawthorne Boulevard, Lawndale, CA 90260
- $849,000
- List Price
- $849,000
- Status
- ACTIVE
- MLS#
- PW26241800
- Year Built
- 1948
- Lot Size
- 3,103
- Acres
- 0.07
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 1
- Property Type
- Commercial
- Property Sub Type
- Retail
Property Description
14620–14624 Hawthorne Blvd offers approximately 2,490 rentable SF across two retail suites in Lawndale. Offered at $849,000 ($341/SF), the property is marketed at a 7.68% cap rate and a 9.02% pro forma cap rate. Buyers can collect income from the restaurant while using the second suite for their own business or leasing it for additional income. The ±1,850 SF restaurant is fully built out with a spacious dining area, dedicated bar, manager’s office, and walk-in cooler. Monthly rent is $4,500, with a scheduled increase to $5,000 in January 2027. The ±650 SF former salon can accommodate a range of uses, including personal care, professional services, or specialty retail, subject to applicable approvals. Projected rent for the suite is $2,000 per month. Recent improvements include a new roof, upgraded electrical, larger water and gas lines, an in-line grease interceptor, and a backflow prevention device. Both suites front Hawthorne Boulevard, with approximately 39,000 vehicles per day at the nearest intersection and convenient access to the I-405 and I-110 freeways.
Additional Information
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Woody Stahl (broker@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Est.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.