Active

13632 Cerise Ave

Hawthorne CA, 90250

$2,799,000


$568.90 per sqft

Active

12 Beds

6 Baths

4,920 sqft

Multi-family

Built in 1959

Located in the transitional Hawthorne, that has been going through development and gentrification over the last 5-10 years. This property benefits from a strategic location with proximity to major highways, public transportation, schools, and shopping centers. Investor can increase rents on 3 out of the 6 units to increase the return on investment or an investor can sell each unit individually for a higher return on investment. Hawthorne has a stable rental market with a strong demand for housing making this property a solid investment choice and further stabilized via regular tenancy leases. Hawthorne benefits from a diverse local economy with opportunities in retail, healthcare, education, and manufacturing, ensuring a steady pool of potential tenants. The property has historically maintained low vacancy rates due to its attractive location and well-maintained units. With .44 of an acre of land, there is potential of development for a higher density. Please check with the City of Hawthorne and or your desired professionals.

24-441719

MLS ID

September 20, 2024

Listed

October 2, 2024

Updated

Map

13632 Cerise Ave
Hawthorne CA, 90250

Interior Features

Total Stories

0


Bedrooms

12


Total Bathrooms

6


Appliances

Dishwasher, Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer, Garbage Disposal


Laundry Description

In Kitchen


Floor Description

Laminate


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.45 Acres


Lot Features

Single Lot, Value In Land


Architectual Style

Bungalow


Roof

Composition, Shingle


Sewer

In Street

Other Property Details

Area Name

East Hawthorne


Days on Market

8


Garage

Yes


Garage Spaces

6


Parking

Assigned, Covered Parking, Attached


Parking Total

6


View

No


View Description

None


County

Los Angeles


Water Source

District


Pool

No


Zoning

HAR3*

Listed by Fred Nabati with Trimax Realty, Inc.
Listing Contact: 424-704-3373 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Alysia Caldwell | CA DRE# 02167945 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/2/2024

Powered byLuxury Presence