The Tape
13701-13705 Hawthorne BlvdSold

A 7-Eleven Anchor and $40K Over Ask at $454/SF

They paid over ask for a 5,600 SF strip.

By David SafaiFollow

At a glance

Sale Price
$2,540,000

closed Aug 21, 2026

List Price
$2,500,000

initial ask

Bid-Ask Delta
+$40,000

over ask

Price / SF
$453.57/SF

gross building SF

Price / Land SF
$313.50/SF

land basis

Gross SF
5,600 SF

single story

Lot SF
8,102 SF

0.19 acres

Year Built
1981

masonry construction

Hold Period
15 months

seller: Arno A Roscher

Property Class
Class C

Hawthorne/Gardena submarket

What matters

  1. $2.54M on Aug 21.The ask was $2.50M. They paid over ask. 58 days on market.
  2. 5,600 SF of strip retail.$454 a foot. 1981. Hawthorne.
  3. Seller is Arno A Roscher out of Phoenix.CoStar does not have the buyer.
  4. No GRM. No cap.No rent roll on the file. I do not have the income.
13701-13705 Hawthorne Blvd photo
LISTING PHOTO VIA COSTAR.

The Setup

The building is a single-story strip center built in 1981. Gross building area is 5,600 SF on an 8,102 SF lot.  Tenancy at sale was multi: 7-Eleven occupying 3,000 SF (roughly 54% of the building), Hawthorne Massage at 1,500 SF (in place since April 2016), New Life Cleaners at 1,500 SF, and a fourth tenant listed as A A Panda Inc. 

The seller, Arno A Roscher, held the asset for 15 months before trading out at $2.54M.

What an Operator Sees

$454 a foot for a 1981 strip, and they paid over ask.

I don't have the buyer.

I don't have the rent roll.

I'm keeping the number for data.

I research these transactions to sharpen my own investment strategy and share what I find so Los Angeles owners, brokers and investors can debate the market with better information.

Know one other LA owner who'd want this deal? Forward this — reply with their email and I'll add them.

Property and transaction data: CoStar Research.

Write to David Safai at David@AtlasBrief.La

Appeared in the Sept. 6, 2026 edition of The Tape.