Property Detail

Description

4056 Marine Ave is a well-positioned neighborhood retail property located at the signalized corner of Marine Ave and Osage Ave in Lawndale, California. The property consists of approximately 4,505 SF of building area situated on an 11,547 SF lot and is currently 100% occupied by five tenants across six units (one tenant occupies two units). The building is equipped with a brand-new roof, including new plywood base, that was installed one year ago and has a 7-year warranty on labor and 12-year warranty on the materials. All the leases are short-term giving an owner user buyer, or an investor, tons of flexibility. The small unit sizes support consistent leasing demand, while the property’s prominent corner position offers excellent visibility and accessibility. The rear parking lot has 17 on-site parking spaces. Each unit has its own restroom and rear door. Each unit is separately metered for electricity.4056 Marine Ave is strategically located in Lawndale within the highly desirable South Bay region of Los Angeles County. With roughly 26,000 vehicles passing the property daily, and an average household income of approximately $100,000 in the surrounding area, the property benefits from strong local demographics and convenient access to the broader South Bay market. The property benefits from convenient access to major transportation corridors, established residential neighborhoods, retail destinations, restaurants, and employment centers throughout the South Bay. Its location provides strong exposure and accessibility for neighborhood-serving businesses while benefiting from the area’s established customer base and attractive household demographics.