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.
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Data last updated 10/2/2024