11850 Hawthorne BlvdHawthorne, CA 90250

Description

11850 Hawthorne Boulevard presents a compelling value-add mixed-use investment opportunity in the heart of Hawthorne’s thriving South Bay market. ***The property offers investors significant upside through below-market rents and residential and retail vacancies. >The 8,375-square-foot property sits on a 13,274-square-foot lot and consists of six one-bedroom apartments, two studios, and three street-front retail spaces. Strategically located along heavily traveled Hawthorne Boulevard, the property benefits from excellent visibility, strong traffic counts with approximately 39,000 vehicles per day, and diversified residential and retail income. Once stabilized, the property's projected cap rate is at nearly 8%. The residential units are not subject to LA City RSO and are governed only by California AB 1482, allowing annual rent increases of 8.7% as of August 2026 (5% plus CPI), subject to the applicable cap. The C-2 zoning may also allow commercial development, providing additional long-term redevelopment potential (buyer to verify). This is a rare opportunity to acquire a substantial South Bay asset with solid in-place income, immediate value-add potential, and multiple paths for long-term appreciation.>>See Supplements for OM<<

Property Information

Property type

Commercial Sale

Sub-type

Multi Family

Year built

1932

Stories

1

Building area

8,375 Sq Ft

Lot size

0.30 acres

Lot dimensions

13274

Zoning

HAC2YY

Days on market

55

MLS^® Listing#

SB26155620

Property Features

Heating

None

Laundry

None

Utilities

See Remarks

Water source

Public

Parcel number

4047017009

Directions

Hawthorne Blvd, just south of W 118th St.