Industrial Warehouse at 4335 West 147th Street Listed by Top Brokers

A unique 10,000 SF $138/ SF Warehouse/Creative, Office/Flex Space for Sale/Lease building in Lawndale, 4337 W 147th St, combines usable space with something most competitors lack: on-site dedicated parking. The two-story property is currently configured with a 3,000 SF street-facing karate studio, a 2,000 SF ground-floor flex unit, and a full 5,000 SF open-plan upper level that can be tailored to creative office, training/education, wellness, or light showroom/warehouse needs. Nine exclusive parking spaces on-site, plus plentiful street parking, give tenants and customers convenient access that typical Hawthorne Blvd and neighborhood commercial buildings simply cannot match. The asset will operate at a 12.96% CAP and 6.04 GRM once stabilized. 

General Commercial/Neighborhood Commercial zoning in Lawndale permits most professional offices, personal services, retail, and many entertainment/recreation uses by right or with a Special Use Permit. Investors can curate a higher‑quality tenant roster than competing older retail strips, with potential to reposition the building as a multi‑tenant creative campus or branded owner‑user headquarters. Looking ahead, the property also functions as a covered‑land play: as Lawndale updates its General Plan and Hawthorne Boulevard Specific Plan to favor mixed‑use and higher-intensity infill, future owners retain the option to pursue an SB 330 style residential or mixed‑use concept, while the current commercial use carries the land. 

For investors, the most compelling exit strategy is to stabilize the asset with a blend of long‑term service/office and specialty recreation or training tenants, drive NOI to its projected 12%+ cap rate, and then hold as (1) a cash‑flowing core asset in a supply‑constrained submarket or (2) a medium‑term redevelopment site benefiting from the city’s pro‑housing, pro‑infill land‑use direction.