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12000 Hawthorne Blvd - Hawthorne Mall

3 - 20 Acre Residential Land Lots in Hawthorne, CA 90250

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Investment Highlights

FOR SALE OR GROUND LEASE
Large Scale Redevelopment Opportunity
Key Logistical Hub for Businesses & Employees surrounded by Aerospace & Innovation

Seller Financing Available
Approximately 1 Million SF of Improvements on 20 AC of Land
At the Center of South Bay Sports & Entertainment

Executive Summary

Cushman & Wakefield of California, Inc., as Exclusive Advisor, is pleased to present the opportunity to either acquire the fee simple interest in, or create a new long-term ground lease for, the Hawthorne Mall (the “Property” or the “Mall”). With 935,025 square feet of existing improvements on approximately 20 acres of land, the Mall represents one of the largest redevelopment opportunities in the Greater Los Angeles region. The City of Hawthorne has created a Specific Plan for the Mall site that outlines a by-right mixed-use development with residential, office, and retail uses. The City has also committed to working with prospective buyers on alternative redevelopment plans, including those for housing, commercial office or retail, R&D, light industrial, studio/production, medical, and other uses.

Hawthorne Mall Teaser Final

Property Facts

Sale Type	Investment	Property Type	Land
Sale Conditions	Redevelopment Project	Property Subtype	Residential
No. Lots	2	Total Lot Size	23.00 AC

Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Lots	2
Property Type	Land
Property Subtype	Residential
Total Lot Size	23.00 AC

2 Lots Available

Lot

Lot Size	20.00 AC

Lot Size	20.00 AC

935,025 SF former regional mall with 2,636 striped parking stalls across a structured parking garage and an undermall garage.

Lot

Lot Size	3.00 AC

Lot Size	3.00 AC

Description

The Property’s existing improvements consist of a primarily two-story rectangular concrete structure with 915,025 square feet of contiguous space along Hawthorne Blvd., and a 20,000 square-foot single-story office building on the northeast corner of the site (inside the existing parking garage). The Property features an abundance of parking, with two levels of subterranean parking, four levels of parking in an adjacent structure that runs along the eastern property line, an additional three-level parking structure on the southeast corner of the site, and surface parking on the southwest corner.

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Walk Score ®

Very Walkable (75)

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PROPERTY TAXES

Parcel Numbers	Multiple 4046-002-036 8940-500-001 4046-002-019 4046-002-037 4046-002-014 4046-002-035 4046-002-039 4046-002-018 4046-002-038	Improvements Assessment	$20,941,636
Land Assessment	$14,950,588	Total Assessment	$35,892,224

PROPERTY TAXES

Parcel Numbers

Multiple

4046-002-036
8940-500-001
4046-002-019
4046-002-037
4046-002-014
4046-002-035
4046-002-039
4046-002-018
4046-002-038

Land Assessment

$14,950,588

Improvements Assessment

$20,941,636

Total Assessment

$35,892,224

zoning

Zoning Code	HAC2 (HAC2 (see Downtown Hawthorne Specific Plan))
HAC2 (HAC2 (see Downtown Hawthorne Specific Plan))

(213) 629-7379

Contacts

Michael Condon Jr.
Erica Finck
Reid Gratsch
Kylie Rawn
Cushman & Wakefield

Listing ID: 29810849
Date on Market: 10/17/2023
Last Updated:
Address: 12000 Hawthorne Blvd, Hawthorne, CA 90250

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12000 Hawthorne Blvd, Hawthorne, CA for sale Building Photo- Image 1 of 2 — Hawthorne Mall Thumbnail

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