13632 Cerise Avenue, Hawthorne, CA 90250
- $2,799,000
- $569
- $2,799,000
- $569
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.
Address
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Address: 13632 Cerise Avenue
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City: Hawthorne
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State/county: CA
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Zip/Postal Code: 90250
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Area: 110 - East Hawthorne
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Country: United States
Details
Updated on September 24, 2024 at 12:15 pm-
Property ID SGR-34045788
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Price $2,799,000
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Property Size 4920.00 m²
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Land Area 19529.00 m²
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Bedrooms 12
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Bathrooms 6
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Garages 6.00
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Year Built 1959
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Property Type Residential Income
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Property Status For Sale
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Living Area 4920.00
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MLS# 24441719
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Office Name TRIMAX REALTY, INC.
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Agent Name Fred Nabati
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MLS Status Active
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Living Area Prefix Sqft
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Co-Office Name Trimax Realty, Inc.
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Co-Agent Name Morris Peykar
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Agent State License 01276914
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Co-Agent State License 02090155
Additional details
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Roof Composition,Shingle
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View None
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Sewer Other
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Cooling None
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Heating Wall Furnace
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Flooring Laminate
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County Los Angeles
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Parking 6.00
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Water Source Public
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Down Payment
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Property Tax
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Monthly HOA Fees
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