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Millman Team Real Estate

$2,300,000
0.30 Acre Lot

11850 Hawthorne Blvd, Hawthorne, California 90250

  • Commercial Sale Property Type
  • 1932 Year Built
Property Description

MAJOR PRICE IMPROVEMENT – NOW OFFERED AT $2, 300, 000! 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 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<<

Basic Details
Commercial Sale
For Sale
SB26155620
$2,300,000
1932
0.30 Acre
Active
Multi Family
Features
: None
: See Remarks
: None
: See Remarks
$0
Address Map
CA
Los Angeles
Hawthorne
90250
Hawthorne Blvd
11850
W119° 38' 52.5''
N33° 55' 34.5''
Hawthorne Blvd, just south of W 118th St.
108 - North Hawthorne
HAC2YY
Additional Information
$0
$0
$0
$0
$0
8375
: Commercial
1
: 6-10 Units/Acre
13274
11
2026-08-05
2500000
1
: Public
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Evelyn Baez Gonzalez
Listing Information
Olga Wright
SBWRIGOLG
SB1310620
Lyon Stahl Investment Real Estate, Inc.
SBBAEZEVE
sb1310620
Cash, Cash to New Loan
Active
2026-10-07T17:23:36Z
CRMLS
: Standard
2026-08-05T10:50:43Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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