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$1,380,000
Est. payment /mo
New
4333 4335 W 147th ST Lawndale, CA 90260
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25270555
HOA Y/N No
Year Built 1923
Annual Tax Amount $17,250
Property Sub-Type Mixed Use
Property Description
A unique 10,000 SF Warehouse/Creative, Office/Flex Space for Sale/Lease building in Lawndale, 4333–4335 W 147th St, combines usable space with something most competitors lack: on-site dedicated parking. The two-story property is currently configured with a 3,000 SF street-facing karate studio, a 2,000 SF ground- floor flex unit, and a full 5,000 SF open-plan upper level that can be tailored to creative office, training/education, wellness, or light showroom/warehouse needs. Nine exclusive parking spaces on- site, plus plentiful street parking, give tenants and customers convenient access that typical Hawthorne Blvd and neighborhood Commercial buildings simply cannot match. The asset will operate at a 12.96% CAP and 6.04 GRM once stabilized.
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.
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
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Special Listing Condition Standard
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.
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