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11602 Hawthorne Boulevard
Value-Add Office | 18,456 SF Building
11602 Hawthorne Blvd
Hawthorne, CA 90250
11602 Hawthorne Boulevard, a two-story office building that contains a restaurant on the ground floor. The 18,456 SF building is at the corner of 116th Street and Hawthorne Boulevard with easy access to the 405 and 105 freeways. Just 2 miles away from Sofi Stadium, the home of the Los Angeles Rams and Chargers. 11602 Hawthorne Boulevard presents the perfect opportunity for a value-add investor or owner/user to capitalize on an offering poised for historic appreciation, in an area undergoing rapid growth and redevelopment.
This office building rests on a 15,848 SF lot, and is an ideal opportunity for an owner user or investor. The property is currently 40% occupied, and all tenants are on month-to-month leases creating flexibility for a wide range of uses for buyers. An owner may occupy a portion of the space and generate additional income from the other space to offset debt service on a loan. SBA Financing is available. 11602 Hawthorne Boulevard is also a perfect opportunity for a value-add investor to reposition the site and significantly raise rents. The property has excellent frontage on the main thoroughfare of Hawthorne Boulevard and has 15 onsite parking spaces. Major economic drivers like the new Purple Line Metro Extension, The Rams and Chargers NFL Stadium, and the refurbishing of the Hollywood Park Casino are clear signs of future economic growth. The subject property is within minutes of the well received $5 billion dollar, 3.1 million square- foot multipurpose venue, including an 80,000-seat stadium. Also planned for the project site is a whole new neighborhood that will hold shops, restaurants, a hotel, parks, an artificial lake, and 2,500 housing units. These projects bring in a great deal of value and growth in the new transforming Inglewood neighborhood.
Property Highlights
- Price - $3,375,000
- Building - 18,456 SF
- Lot - 15,848 SF
- Zoned - HAC2*
- Multiple Offers
- Corner Lot | On-Site Parking