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$ 1,050,000
Est. payment | /mo
7,422 Sqft Lot
$ 1,050,000
Est. payment | /mo
7,422 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26180893
HOA Y/N No
Year Built 1961
Lot Size 7,422 Sqft
Property Sub-Type Retail
Property Description
3800 W Imperial Highway presents a unique value-add investment and owner-user opportunity featuring an approximately 4,600-square-foot freestanding retail building on a 7,422-square-foot lot with eight surface parking spaces located at the rear of the property. The property is currently occupied by a month-to-month tenant paying significantly below-market rent, providing flexibility to reposition the property, secure a new tenant at market rent, or occupy the building.
Zoned HACM (Hawthorne Mixed Commercial), the property allows for a variety of commercial uses, including potential cannabis retail use, subject to City approval and buyer verification. The property also benefits from prominent frontage and visibility along Imperial Highway.
A separately leased cell tower generates approximately $17,000 in additional annual income, with ownership having received a $275,000 proposal for the cell-site rights. Cell tower income and related rights may be negotiated separately from the purchase price.
*Subject property has an Inglewood mailing address but is located within the City of Hawthorne and is subject to Hawthorne zoning and land-use regulations.*
Zoned HACM (Hawthorne Mixed Commercial), the property allows for a variety of commercial uses, including potential cannabis retail use, subject to City approval and buyer verification. The property also benefits from prominent frontage and visibility along Imperial Highway.
A separately leased cell tower generates approximately $17,000 in additional annual income, with ownership having received a $275,000 proposal for the cell-site rights. Cell tower income and related rights may be negotiated separately from the purchase price.
*Subject property has an Inglewood mailing address but is located within the City of Hawthorne and is subject to Hawthorne zoning and land-use regulations.*
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Zoning HACM
Interior
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 4048018018
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Larson Harley Lyon Stahl Investment Real Estate, Inc. 949-933-1112, DRE #02045736
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