13632 -36 Cerise Avenue, Hawthorne, CA 90250
- $2,799,000
- 12
- BD
- 6
- BA
- 4,920
- SqFt
- List Price
- $2,799,000
- Status
- ACTIVE
- MLS#
- 24441719
- Year Built
- 1959
- Bedrooms
- 12
- Bathrooms
- 6
- Living Sq. Ft
- 4,920
- Lot Size
- 19,529
- Acres
- 0.45
- Lot Location
- Value In Land
- Days on Market
- 13
- Property Type
- Multifamily
- Style
- Bungalow
- Stories
- One Level
Property Description
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.
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Additional Information
- Appliances
- Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Washer
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Roof
- Composition, Shingle
- Garage Spaces Total
- 6
- Sewer
- Other
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $183,812
Listing courtesy of Listing Agent: Fred Nabati (fred@trimaxla.com) from Listing Office: Trimax Realty, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.