11850 Hawthorne Blvd

11850 Hawthorne Boulevard presents a compelling valueadd mixeduse investment opportunity in the heart of Hawthornes thriving South Bay market Priced at only 152 per square footwell below replacement costthe property offers investors significant upside through belowmarket rents and residential and retail vacanciesThe 16375squarefoot property sits on a 13274squarefoot lot and consists of six onebedroom apartments two studios and three streetfront retail spaces Strategically located along heavily traveled Hawthorne Boulevard the property benefits from excellent visibility strong traffic counts with approximately 39000 vehicles per day and diversified residential and retail incomeOnce stabilized the propertys 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 87 as of August 2026 5 plus CPI subject to the applicable cap The C2 zoning may also allow approximately 19900 square feet of commercial development providing additional longterm redevelopment potential buyer to verifyThis is a rare opportunity to acquire a substantial South Bay asset below replacement cost with solid inplace income immediate valueadd potential and multiple paths for longterm appreciationSee Supplements for OM