?? Investment Opportunity: Lawndale Medical Plaza – Prime Medical/Office Asset in High-Traffic LA Corridor
14623 Hawthorne Blvd, Lawndale, CA 90260
Offered at: $7,750,000 | 29,346 SF | Cap Rate: 5.61%
Positioned prominently along bustling Hawthorne Boulevard, Lawndale Medical Plaza offers a rare chance to acquire a highly visible, income-producing medical and professional office building in the heart of the South Bay. This well-maintained, three-story asset features 27 suites, currently 85% leased, anchored by essential service tenants including medical practices, dental offices, wellness professionals, and a long-term Planned Parenthood lease commencing mid-2025.
?? Investment Highlights:
NOI: $434,680 annually
Price/SF: $264
Cap Rate: 5.61%
Total Rentable SF: 29,346
Land Area: 0.71 acres
Parking: 67 surface spaces (1.99/1,000 SF ratio)
The property’s strong in-place income and attractive mix of tenants provide durable cash flow with upside potential through lease-up of two currently vacant suites, including a large ±3,900 SF space ideal for a new anchor user or build-out.
?? Property Features:
Built in 1990 with modern façade and well-manicured landscaping
Multiple points of ingress/egress with direct access from Hawthorne Blvd and Lawndale Way
Rooftop T-Mobile cell tower lease included
Full-service gross leases with minimal landlord responsibilities
Well-diversified tenant roster across medical, beauty, wellness, and professional services
?? Location Advantages:
Located within Los Angeles County, one of the most robust and diverse real estate markets in the U.S.
Minutes from the 405 Freeway, Redondo Beach, and major commercial corridors
Walking distance to South Bay Galleria, schools, and public transportation
Surrounded by a dense population of over 610,000 residents within a 5-mile radius, with a median household income over $85,000
This offering is ideal for investors seeking stable returns with a value-add component, or owner-users looking to occupy and control a significant portion of a professionally managed, medical-grade building.