13632 -36 Cerise Avenue, Hawthorne, CA 90250

  • $2,799,000
13632 -36 Cerise Avenue, Hawthorne, CA 90250
Active
13632 -36 Cerise Avenue, Hawthorne, CA 90250
13632 -36 Cerise Avenue, Hawthorne, CA 90250
  • $2,799,000

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 -36 Cerise Avenue
  • City Hawthorne
  • State/county CA
  • Zip/Postal Code 90250
  • Country US

Details

Updated on February 4, 2025 at 1:18 pm
  • Property ID: 25484647
  • Price: $2,799,000
  • Property Size: 4920
  • Land Area: 0.4483 Acres
  • Bedrooms: 12
  • Bathrooms: 6
  • Garages: 6.0
  • Garage Size: x x
  • Year Built: 1959
  • Property Type: Residential Income
  • Property Status: Active

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