Hawthorne, CA 90250,11934 Hawthorne BLVD

$2,100,000

Est. payment /mo

$2,150,000

2.3%
Est.Price: ?

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11934 Hawthorne BLVD Hawthorne, CA 90250

7,416 SqFt

SOLD DATE : 08/12/2021

Key Details

Sold Price $2,100,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 7,416 sqft

Price per Sqft $283

MLS Listing ID SB21055242

Sold Date 08/12/21

HOA Y/N No

Year Built 1955

Lot Size 9,583 Sqft

Acres 0.22

Property Description

11934 Hawthorne Blvd, Hawthorne, a 6-unit retail/office/medical building built in 1955 located in Los Angeles’ desirable and densely populated South Bay region. The property’s street front was updated in 2008. The proximity to a large residential population and consumer base; along with the highly visible street frontage make this an ideal USER opportunity for medical and dental professionals, among others. This location was a HIGHLY successful private practice for decades and is in practically turn key for SBA users.

All leases are month-to-month basis, ideal for an investor to re-tenant the building and achieve the value add potential with the existing rent upside, or more significantly for professional use, while producing income through the balance of the non owner occupied space.

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.

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.
Office, Retail: 7,416 Square feet built in 1955 rehabbed façade 2008.

Location

State CA

County Los Angeles

Area 108 - North Hawthorne

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Building

Lot Description 6-10 Units/Acre

Water Public

Others

Tax ID 4047030002

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brett O'Keefe • RE/MAX Estate Properties
Bought with Henry Kang • Koa Properties

Jessie Rodriguez

Owner | Realtor | License ID: 01418054

+1(909) 657-1022

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