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Bruce Kang, Broker
13632 -36 Cerise Avenue, Hawthorne, CA 90250
- $2,326,000
- 12
- BD
- 6
- BA
- 4,920
- SqFt
- List Price
- $2,326,000
- Status
- ACTIVE
- Days on Market
- 141
- Price Change
- ▼ $173,500 1786752640
- MLS#
- 26835959
- Subtype
- Residential Income
- Style
- Bungalow
- Year Built
- 1959
- Bedrooms
- 12
- Bathrooms
- 6
- Living Area
- 4,920
- Lot Size
- 19,529
- Acres
- 0.45
- MLS Area Major
- East Hawthorne (110)
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
- Property Description
- Bungalow
- Zoning
- HAR3*
- Flooring
- Laminate
- Appliances
- Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Washer
- Heating
- Wall Furnace
- Stories
- One Level
- Levels
- One
- Roof
- Composition, Shingle
- Parking Features
- Assigned, Covered
- Garage Spaces
- 6
- View
- None
Listing courtesy of Listing Agent: Fred Nabati (inquiry@trimaxla.com) from Listing Office: Trimax Realty, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.