14623 Hawthorne Blvd - Medical FOR SALE


Lawndale, CA 90260
$7,750,000 USD
949-432-0290
14623 Hawthorne Blvd, Lawndale, CA for Sale
$7,750,000 USD
Medical - FOR SALE
1/21
null | 5.61% Cap Rate

NEW


14623 Hawthorne Blvd
Lawndale, CA 90260


HIGHLIGHTS

  • ?? Offering Price: $7,750,000
  • ?? Cap Rate: 5.61%
  • ?? Rentable SF: 29,346 SF across 27 suites
  • ?? Occupancy: 85.13% leased
  • ?? Net Operating Income (NOI): $434,680
  • ?? Price/SF: $264

OVERVIEW

?? 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.

FOR SALE DETAILS

PRICE

$7,750,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

5.61%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lawndale Medical Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C3

APN/PARCEL ID

4078-029-001,4078-029-002,4078-029-003,4078-029-007

ASK ABOUT THIS PROPERTY

Maxwell AndersonACRE AdvisoryMore Info
949-432-0290

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Maxwell AndersonACRE AdvisoryMore Info
949-432-0290

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.