13632 -36 Cerise Ave, Hawthorne, CA 90250
- $2,499,500
- 12
- BD
- 6
- BA
- 4,920
- SqFt
- List Price
- $2,499,500
- Price Change
- ▼ $99,500 1783415954
- MLS#
- 26835959
- Year Built
- 1959
- Bedrooms
- 12
- Bathrooms
- 6
- Living Sq. Ft
- 4,920
- Lot Size
- 19,529
- Days on Market
- 64
- Property Type
- Multifamily
- Style
- Bungalow
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.
Additional Information
- Lot Description
- Single Lot, Value In Land
- Other Buildings
- None
- Bedroom Features
- All Bedrooms Down
- Kitchen Features
- Formica Counters
- Heat
- Wall
- Cooling
- None
- View
- None
- Number of Cars in Garage
- Assigned, Covered Parking, Attached
- Garage Spaces Total
- 6
- Water
- District
Mortgage Calculator
Courtesy of Trimax Realty, Inc., Fred Nabati - CA DRE#01276914
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