$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 #24441719
Listed
$2,799,000
Schools & Community
Neighborhood:
Moneta Gardens
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Gated
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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