13
  • Property Type
  • Residential Income
  • 12
  • Bedrooms
  • 6
  • Bathrooms
  • 6.00
  • Garages
  • 4920.00 m²
  • Area Size
  • 1959
  • Year Built
13632 Cerise Avenue, Hawthorne, CA 90250
  • $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: 13632 Cerise Avenue
  • City: Hawthorne
  • State/county: CA
  • Zip/Postal Code: 90250
  • Area: 110 - East Hawthorne
  • Country: United States

Details

Updated on September 24, 2024 at 12:15 pm
  • Property ID SGR-34045788
  • Price $2,799,000
  • Property Size 4920.00 m²
  • Land Area 19529.00 m²
  • Bedrooms 12
  • Bathrooms 6
  • Garages 6.00
  • Year Built 1959
  • Property Type Residential Income
  • Property Status For Sale
  • Living Area 4920.00
  • MLS# 24441719
  • Office Name TRIMAX REALTY, INC.
  • Agent Name Fred Nabati
  • MLS Status Active
  • Living Area Prefix Sqft
  • Co-Office Name Trimax Realty, Inc.
  • Co-Agent Name Morris Peykar
  • Agent State License 01276914
  • Co-Agent State License 02090155

Additional details

  • Roof Composition,Shingle
  • View None
  • Sewer Other
  • Cooling None
  • Heating Wall Furnace
  • Flooring Laminate
  • County Los Angeles
  • Parking 6.00
  • Water Source Public

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Sankofa Global Realty
  • Sankofa Global Realty

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