6
Bedrooms
$2,195,000
FOR SALE12415 Cedar Avenue
Hawthorne, CA
MLS# 26105002
5,048 Sq Ft6bd • 8ba
5 days on marketNalren refreshed
Listing Agent
Jonathan Nikfarjam
Listing Agent
Shield CRE, Inc.
DRE #: 01856803
(310) 593-9869Brokerage: Shield CRE, Inc.
Property Details
8
Bathrooms
5,048 sqft
Square Feet
1951
Year Built
0.25 acres
Lot Size
$435
Price/Sq Ft
6
Garage Spaces
N/A
HOA
N/A
Property Type
Description
8-Unit Garden-Style Apartment in Highly Desirable Hawthorne Location - West of Prairie Avenue & South of 120th Street | 6 of the 8 Units Extensively Renovated with New Windows, Electrical, Plumbing & Modern Interior Finishes | Main Electrical Panel Upgraded with New Meters for Every Unit | Large 10,876-SF Corner Lot with Excellent ADU Potential (Buyer to Verify) | 6.08% Current Cap Rate & 11.30 Current GRM | 6.58% Pro-Forma Cap Rate & 10.65 Pro-Forma GRM | Unit H Currently Vacant & Undergoing Renovations - Unit B Will Be Delivered Vacant | Recently Painted Property with Tremendous Curb Appeal | Each Unit Features Front & Rear Entrances with Outdoor Space on Both Sides | Located Approximately 1 Mile to SpaceX & Tesla Design Center and 2 Miles to SoFi Stadium & Intuit Dome | Unit Mix of (6) 1-Bedroom/1-Bathroom Units & (2) Studio/1-Bathroom Units | (3) Freestanding 2-Car Garages Totaling 6 Garage Spaces - Potential to Convert Garages into ADUs (Buyer to Verify) | No Local Rent Control - Defaults to AB 1482 | On-Site Laundry Facility Also Used by Neighboring Property - Generating Additional Income* | Strong Neighboring Employment Centers: Northrop Grumman, Boeing, SpaceX & LAX Airport
Facts & Features
Interior
- Laundry Features
- Laundry Room
- Appliances
- Washer
Building
- Year Built
- 1951
- Living Area
- 5,048 sqft
- Building Area Total
- 5,048
- Levels
- One
- Stories Total
- 1
Parking
- Garage Spaces
- 6
- Parking Features
- Garage
- Parking Total
- 6
Community / HOA
- HOA
- No
Natural Hazard Information
Earthquake data is shown from a real public source (USGS)
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CRMLS
MLS# 26105002
Listed:
Nalren refreshed:
Last updated
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Listed by: Shield CRE, Inc.
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.