12-Bedroom ResidentialIncome — 13632 -36 Cerise Avenue, Hawthorne, CA
$2,499,500
13632 -36 Cerise Avenue, Hawthorne, CA
About this property
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
Location
13632 -36 Cerise Avenue • Hawthorne, CA 90250
Listed by
Fred Nabati · Trimax Realty, Inc.