Property History
Mixed use - commercial and residential property on a signalized corner located within 5 blocks of the 405 freeway. Seasoned long-term commercial tenants have a 20 plus year history at the location with on time payment for the entire duration....
This signalized corner location has multiple long-term tenants including a restaurant, 8 studio apt’s, an upholstery shop and additional commercial space (currently used as a storage for the restaurant). There are two lots that are being sold together with a total lot size of approximately 18,668 sf with a total net rentable sf of approx. 5,510 sf with 18 onsite parking spaces including one ADA spot. This is a prime South Bay location serving the Beach Cities and surrounding communities and within a few blocks of the 405 freeway - providing immediate access to the 91 and 105 freeways. Value add opportunity with the studio apt's which are due to have rent increases for 2026 governed by the Lawndale Statewide rent control - California Protection Act (AB 1482 with 5% base increase plus CPI index with a max of 10% - approx. 8% for 2026). Restaurant and Upholstery shop rents were just increased - both tenants are long term with a desire to continue leasing at this location.
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