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 24-441719
Style Bungalow
Bedrooms 12
Year Built 1959
Lot Size 0.448 Acres
Acres 0.4483
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
Garage 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
Architectural Style Bungalow
Level or Stories One
Others
Special Listing Condition Standard