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    14524 Hawthorne Boulevard

    Lawndale, CA 90260
    • $3,500,000
    • STATUS: Active Under Contract
    • ON SITE: 131 days
    • ID#: SB20117504
    Under Contract
    UPDATED: 29 min ago
    $3,500,000
    • 0
      BEDS
    • 0.94
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,571
      SQFT
    • $1,361
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1947
    County:

    School Ratings & Info

    Description

    First time on market for over 30 years. This listing is comprised of two parcels. 14524 (AP#4077-010-004) and 14600 (AP#4077-010-005) Hawthorne Blvd. Property consists of a 2 bedroom single family home (1,371 sq ft), 21 space mobile trailer park, Auto repair ( Best Lube N' Tune ) and a vacant nearly 1/4 acre lot behind Best Lube N' Tune. The land is LNC3 prime commercial use with a total of 146 feet of Hawthorne Blvd frontage. Lots are 281 feet deep. Nearly a whole acre of prime commercial use land ( 40,859 sq ft land). Excellent location close to LAX, Interstate 405 Freeway, SpaceX, New Rams/Chargers Stadium currently under construction and more. The Potential in this property is endless, prime commercial land for developer/builder/investor. Current use could generate excellent cash flow at market rents. Buy and hold and cash flow with current set up, buy and develope prime commercial land in the heart of Lawndale. Any information provided to be verified by any and all interested parties.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-29T16:27:03.81. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/108051427
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    14524 Hawthorne Boulevard Lawndale, CA 90260

    • Price: $3,500,000
    • Status: Active Under Contract
    • Updated: 29 min ago
    • ID#: SB20117504
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.94
    Acres
    2,571
    SQFT
    $1,361
    $/SQFT
    1947
    Built
    Neighborhood:
    112 - North Lawndale
    County:
    Los Angeles
    Area:
    112 - North Lawndale
    Property Description
    First time on market for over 30 years. This listing is comprised of two parcels. 14524 (AP#4077-010-004) and 14600 (AP#4077-010-005) Hawthorne Blvd. Property consists of a 2 bedroom single family home (1,371 sq ft), 21 space mobile trailer park, Auto repair ( Best Lube N' Tune ) and a vacant nearly 1/4 acre lot behind Best Lube N' Tune. The land is LNC3 prime commercial use with a total of 146 feet of Hawthorne Blvd frontage. Lots are 281 feet deep. Nearly a whole acre of prime commercial use land ( 40,859 sq ft land). Excellent location close to LAX, Interstate 405 Freeway, SpaceX, New Rams/Chargers Stadium currently under construction and more. The Potential in this property is endless, prime commercial land for developer/builder/investor. Current use could generate excellent cash flow at market rents. Buy and hold and cash flow with current set up, buy and develope prime commercial land in the heart of Lawndale. Any information provided to be verified by any and all interested parties.
    Exterior Features

    Construction Materials Aluminum SidingMetal SidingWood Siding Fence YN Yes Fencing BlockWood Lot Features 0-1 Unit/AcreLot Over 40000 SqftRectangular Lot Lot Size Dimensions 146 X 281 Lot Size Source Assessor Lot Size Units Square Feet Roof CompositionMetal

    Interior Features

    Building Features Living Quarters Condo Area Units Square Feet Cooling None Cooling YN No Heating Floor FurnaceSee Remarks Heating YN Yes Laundry Features Common AreaIndividual Room

    Property Features

    Accounting Type Actual Additional Parcels Description 4077-010-005 Additional Parcels YN Yes Asset Class Hotel/MotelLand/UnimprovedMobile Home Park Building Area Units Square Feet Building Status Existing Business Type Auto Repair-SpecialtyCommercialMobile/Trailer Park Country Us Current Financing None Current Use Comments Mobile Trailer ParkAuto RepairResidential Effective Gross 144597 Electric Electricity - On Property Electric Expense 2000.00 Expense Year 2019 Gross Scheduled Income 148559.00 Insurance Expense 2600.00 Investment Property YN Yes Land Use Mobile Home ParkOther Laundry Equipment Own Lease Lease Laundry Income 550.00 Laundry YN Yes Leasable Area Units Square Feet Legal Accounting Expense 1000.00 Lot Dimensions Source Assessor Maintenance Expense 4000.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 86807.00 Number Of Units Leased 23 Occupancy Occupied Operating Expense 57791.00 Other Expense 7000.00 Other Income1 2500.00 Professional Management Expense 7423.00 Property Sub Type Mobile Home Real Estate Tax Expense 23627.00 Resident Manager Expense 5100.00 Residential Square Footage 1371 Special Listing Conditions Standard Tax Annual Amount 23627.00 Tax Year 2019 Total Expenses 57791.00 Total Monthly Rent 11900 Trash Expense 2000.00 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Sewer Expense 3041.00 Water Source Public Year Built Source Assessor Zoning Lnc3*

    Listing provided courtesy of David Clayton of Re/Max Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-29T16:27:03.81. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003