13632 -36 Cerise Avenue, Hawthorne, CA 90250
-
Listed Price :
$2,799,000
-
Beds :
12
-
Baths :
6
-
Property Size :
4,920 sqft
-
Year Built :
1959
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.
Interior Features
| Laundry Information |
| Location(s) |
In Kitchen |
| Kitchen Information |
| Features |
Laminate Counters |
| Bedroom Information |
| Bedrooms |
12 |
| Bathroom Information |
| Bathrooms |
6 |
| Flooring Information |
| Material |
Laminate |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
13632 -36 Cerise Avenue |
| City |
Hawthorne |
| State |
CA |
| Zip |
90250 |
| County |
Los Angeles |
| Listing Agent |
Fred Nabati DRE #01276914 |
| Co-Listing Agent |
Morris Peykar DRE #02090155 |
| Courtesy Of |
Trimax Realty, Inc. |
| List Price |
$2,799,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
4,920 |
| Lot Size |
19,529 |
| Year Built |
1959 |
Listing information courtesy of: Fred Nabati, Morris Peykar, Trimax Realty, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 20th, 2024 at 10:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
