13632 Cerise Avenue, Hawthorne, CA 90250
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$ 2,326,000
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13632 Cerise Avenue Hawthorne, CA 90250

4,920 SqFt


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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,920 sqft

Price per Sqft $472

MLS Listing ID CL26835959

HOA Y/N No

Year Built 1959

Lot Size 0.448 Acres

Acres 0.4483

Property Sub-Type Other

Property 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.

Location

State CA

County Los Angeles

Zoning HAR3*

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplace No

Laundry In Kitchen, Washer

Exterior

View Y/N false

View None

Building

Water Other, Public

New Construction No

Others

Tax ID 4052005063


Bridge MLS
Listed by Fred Nabati • Trimax Realty, Inc.
Coleen Ducut-Encarnacion
Coleen Ducut-Encarnacion

Realtor® CA DRE # 02223524

+1(415) 602-3294 | bayareahomemaven@gmail.com

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13632 Cerise Avenue