8,306 Sqft Lot
8,306 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26043008
HOA Y/N No
Year Built 1923
Annual Tax Amount $17,250
Tax Year 2026
Lot Size 8,306 Sqft
Lot Dimensions Assessor
Property Sub-Type Mixed Use
Property Description
General Commercial/Neighborhood Commercial zoning in Lawndale permits most professional offices, personal services, retail, and many entertainment/recreation uses by right or with a Special Use Permit. Investors can curate a higher-quality tenant roster than competing older retail strips, with potential to reposition the building as a multi-tenant creative campus or branded owner-user headquarters. Looking ahead, the property also functions as a covered-land play: as Lawndale updates its General Plan and Hawthorne Boulevard Specific Plan to favor mixed-use and higher-intensity infill, future owners retain the option to pursue an SB 330 style residential or mixed-use concept, while the current commercial use carries the land.
For investors, the most compelling exit strategy is to stabilize the asset with a blend of long-term service/office and specialty recreation or training tenants, drive NOI to its projected 12%+ cap rate, and then hold as (1) a cash-flowing core asset in a supply-constrained submarket or (2) a medium-term redevelopment site benefiting from the city's pro-housing, pro-infill land-use direction.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LCN2
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Total Parking Spaces 9
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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