Investment Overview

This sale offers the opportunity to purchase a two-tenant property in a high-visibility, signalized corner location, in the city of Hawthorne. The site provides numerous options for occupancy, proximity to the stadiums, favorable industrial zoning (permitting numerous industrial and commercial uses), attractive long-term value, and is suitable for owner/users and investors. The subject property, located at 13834-13840 Prairie Avenue, consists of two parcels for a total of 15,089 square feet of land. The parcel at 13834 Prairie Avenue has been improved with an industrial warehouse that has 5,329 square feet of rentable building area. The building is of concrete block construction and has a clear height of 10’. The building is currently used by an automobile paint and body shop and has a spray booth (tenant-owned) in the rear yard area. A new owner will be able to continue to use the property for automobile paint and body and can install a spray booth, by-right, if desired. The parcel at 13840 Prairie Avenue has been improved with an industrial warehouse that has 2,160 square feet of rentable building area. The building is of metal construction and has a clear height of 12’. The building is currently used by a furniture retailer who is on a month-to-month tenancy. Zoning on the site is M1, which is an industrial zoning designation that permits for numerous industrial and commercial uses. For those interested in redevelopment, the site can also be used for multifamily uses with an estimated density of 30 units per acre (R3 development standards). Situated on the signalized corner of Prairie Avenue and 139th Street, the subject site is in a high-visibility location on a major north/south corridor that has approximately 29,000 vehicles per day. The property has a population of 675,000 within a 5-mile radius. The subject site is less than 4 miles from SoFi Stadium and the Intuit Dome, and provides easy access to the 405 and 105 freeways which are less than 2 miles away. Numerous options exist for owner/users and investors. Qualified owner/users can obtain favorable SBA financing; Please find more info within this marketing brochure and/or inquire with the listing agent. Investors are acquiring a property with attractive underlying value: approximately 50% upside in rents, favorable zoning allowing for numerous uses, site attributes that are attractive for various types of businesses (including body shops), a highly-desirable location and the ability to redevelop the site with a multifamily development should that ever be desired. 13834-13840 Prairie Avenue offers the opportunity to purchase a two-tenant industrial property in a high-visibility, desirable location. The property has attributes that provide for functionality and attractive long-term value, and is suitable for owner/users and investors alike.