LIST PRICE:
Best Offer

TOTAL BUILDING AREA:
±76,783 SF

TOTAL LAND AREA:
±166,261 SF (±3.82 Acres)

ZONING:
Hawthorne Blvd. Corridor Specific Plan, DA-2
 
FEATURED LISTING:
GABLE HOUSE
SOUTH BAY REDEVELOPMENT OPPORTUNITY

22501 Hawthorne Boulevard | Torrance, CA
INITIAL BID DATE FRIDAY, DECEMBER 18TH

INVESTMENT HIGHLIGHTS
 
Irreplaceable South Bay Site – With one parcel totaling approximately ±​3.82 acres, in-place income from the existing improvements and significant redevelopment potential, Gable House presents a generational opportunity to purchase a prime developmental parcel in the infill and highly-desirable South Bay area
 
Multitude of Permitted Uses, Including Residential – With the flexible nature of Hawthorne Boulevard Corridor Specific Plan/DA-2 zoning, Gable House has the potential to be redeveloped into a variety of uses including retail, residential, senior’s, office, healthcare, hotel, or mixed-use facility increasing its “highest and best use” potential
 
Existing Improvements and Income – Gable House is currently configured as a 3-building retail center consisting of two multi-tenant buildings fronting Hawthorne Boulevard and the single-tenant Gable House Bowl – the property has enjoyed long-term success in this configuration with Gable House Bowl Center as staple in the community for decades with a highly-successful bowling alley operation
 
Significant Frontage and Exposure – The site enjoys over 400 feet of frontage along Hawthorne Boulevard (±62,212 CPD), one of the primary arterials within the immediate trade area, and is immediately south of Sepulveda Boulevard (±60,795 CPD) – one of the highest traffic intersections in the region
 
Del Amo Fashion Center – Across the intersection of Gable House, Del Amo Fashion Center is a 3.7 million SF, 230-acre super regional mall home to over 240 specialty stores and over 27.6 million visitors annually with a recent multimillion-dollar redevelopment further proving the area’s status as a shopping and entertainment destination in the heart of the South Bay
 
Dense and Highly Affluent SoCal Demographics – Over 26,000 people with Average Household Incomes exceeding $122,000 within a 1-mile radius, over 196,000 people with Average Household Incomes exceeding $133,000 within a 3-mile radius, and over 476,000 people with Average Household Incomes exceeding $135,000 within a 5-mile radius
 
CLICK HERE TO DOWNLOAD OFFERING MEMORANDUM

 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST INFILL LAND EXPERT
JOHN READ
+1 949 725 8606
Lic. 01359444
john.read@cbre.com
TRENT STEEVES
+1 949 725 8563
Lic. 01950466
trent.steeves@cbre.com
GREG SULLIVAN
+1 949 725 8670
Lic. 00920305
greg.sullivan@cbre.com
 

THIS IS A MARKETING COMMUNICATION

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

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