13632 -36 Cerise Avenue, Hawthorne, CA 90250
List Price: $2.6M
Listing Status: Active
0Days on Market: 1
12 Bedrooms · 6 Bathrooms · 4,920 sq ft
Property Type: ResidentialIncome
Year Built: 1959
Lot Size: 19,529 sq ft
Garage Spaces: 6
MLS Number: 26835959
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.
Listing provided by: Fred Nabati DRE #01276914 310-954-0808 inquiry@trimaxla.com, Trimax Realty, Inc.
Source: CRMLS, MLS #: 26835959
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.