13632 Cerise Ave Active Save Request In-Person Tour Request Virtual Tour
Hawthorne,CA 90250
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,920 sqft
Price per Sqft $568
MLS Listing ID 25-484647
Style Bungalow
Bedrooms 12
Year Built 1959
Lot Size 0.448 Acres
Property Sub-Type Multi-Family
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.
Location
State CA
County Los Angeles
Area East Hawthorne
Zoning HAR3*
Rooms
Other Rooms None
Kitchen Formica Counters
Interior
Heating Wall
Cooling None
Flooring Laminate
Fireplaces Type None
Inclusions PER LEASES AND ESTOPPEL CERTIFICATES
Equipment Dishwasher, Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer, Garbage Disposal
Laundry In Kitchen
Exterior
Parking Features Assigned, Covered Parking, Attached
Garage Spaces 6.0
Waterfront Description None
View Y/N No
View None
Roof Type Composition, Shingle
Building
Lot Description Single Lot, Value In Land
Foundation Slab
Sewer In Street
Water District
Others
Special Listing Condition Standard