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$1,595,000
Est. payment /mo
0.26 Acres Lot
UPDATED:
12/05/2024 02:12 AM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24082473
HOA Y/N No
Year Built 1947
Lot Size 0.264 Acres
Property Description
Presenting an exceptional opportunity to acquire two adjacent commercial lots situated on the bustling Inglewood Boulevard, one of Hawthorne's most thriving commercial thoroughfares. 11812 and 11816 Inglewood Avenue, two apns - 4044029017 and 4044029018. Each of these prime lots boasts an expansive size of approximately 5,500 square feet, and both feature well-maintained commercial buildings. Each building offers an estimated 2,000 square feet of versatile space, with a layout that includes a combination of office areas and workspace. Notably, one of the buildings is equipped with a high bay, currently utilized for light automobile repair. Collectively, the combined lot area exceeds an impressive 11,000 square feet. The two properties are fully enclosed by a metal fence and secure gate system. Estimated 20 parking spots. Rare 11,000 + Combined Lot Size: Seize the chance to secure one of the last remaining 11,000+square-foot parcels within the city. Ample space for various commercial endeavors. The lots are zoned for commercial use, with the current designation as "light auto repair." However, the city is open to considering a wide range of potential uses, making this an incredibly versatile investment opportunity. Possible Uses include but are not limited to: Auto Parts Sales, Minor Automobile Repair (excludes auto body painting), Bakery, Boat Sales (new and used), Cannabis Businesses (subject to Chapter 17.90 regulations), Car Wash, Hospital, Lighting and Lamps, Live-Work Units, Print Shop, Smog Check, Trade Schools or Similar, Feel free to reach out for additional uses that may be considered. Prohibited Uses (according to the City Planning Dept. of Hawthorne, buyer to verify). Please note that the following uses are prohibited on these lots: Arcade, Major Auto Repair, Barber & Beauty Shops, Check Cashing, Cyber-Café, Laundromat, Massage Establishment, Nail Salon, Payday Loan, Services, Self-Storage Facility, Thrift Shop for Profit. Don't miss out on this extraordinary opportunity to invest in these two side-by-side commercial lots in Hawthorne. The prime location, extensive lot size, and flexible zoning use make these properties an ideal choice for a wide range of business ventures. Act now to secure your stake in this thriving commercial district.
Will sell each lot separate.
Will sell each lot separate.
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Interior
Inclusions Buildings and fixtures appurtenant to the property
Fireplace No
Laundry None
Exterior
Roof Type Concrete
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 4044029017
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by Shannon Sackley • Vista Sotheby’s International Realty • 310-529-8101