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12-Bedroom Residential Income - 13632 -36 Cerise Avenue, Hawthorne, CA

$2,326,000

13632 -36 Cerise Avenue, Hawthorne, CA

13632 -36 Cerise Avenue, Hawthorne, CA 90250 - $2,326,000 · 12 bd 6 ba Multi-Family Home for Sale, photo 1 13632 -36 Cerise Avenue, Hawthorne, CA 90250 - $2,326,000 · 12 bd 6 ba Multi-Family Home for Sale, photo 2 13632 -36 Cerise Avenue, Hawthorne, CA 90250 - $2,326,000 · 12 bd 6 ba Multi-Family Home for Sale, photo 3 13632 -36 Cerise Avenue, Hawthorne, CA 90250 - $2,326,000 · 12 bd 6 ba Multi-Family Home for Sale, photo 4 13632 -36 Cerise Avenue, Hawthorne, CA 90250 - $2,326,000 · 12 bd 6 ba Multi-Family Home for Sale, photo 5
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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.

Property details

Bedrooms
12
Bathrooms
6
Square feet
4,920
Year built
1959
Property type
Residential Income
Lot size
19,529 sqft

Location

13632 -36 Cerise Avenue • Hawthorne, CA 90250

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Listed by

Fred Nabati · Trimax Realty, Inc.

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Listing courtesy of Trimax Realty, Inc.. Information deemed reliable but not guaranteed.

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