tomo logo

$2,799,000

Beds
12
sq ft
4,920

13632 -36 Cerise Ave, Hawthorne, CA 90250

13632 -36 Cerise Ave

Hawthorne, CA 90250

  • 14 days on market
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.

Details

Property type

Lot size

0.4483 acres

Price per sq ft

$569

Year built

1959

HOA

No

Price History

09/20/2024
CLAW

CLAW #24441719

Listed
$2,799,000

Schools & Community

Neighborhood: 

Moneta Gardens

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 10/04/2024 at 10:20 PM

Listing updated: 09/30/2024 at 9:00 AM

Listed by: Fred Nabati, Trimax Realty, Inc. Phone #: (310) 954-0808

MLS: CLAW #24441719

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