-36 Cerise Avenue Hawthorne, CA 90250
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 TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site9 Days
- MLS StatusActive
- MLS ID Number24441719
- Home Size Source Estimated
- Year Built1959
- Lot Size0.4483 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Bungalow
- Parking AssignedCovered
- Parking Spaces 6
- Sewer Other
- Number of Stories 10
- Acreage 0.4483
- Water Public
- Security Smoke Detector(s)Gated CommunityCarbon Monoxide Detector(s)
- Garage Spaces 6
- Attached Garage Yes
- Foundation Slab
- Zoning HAR3*
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating Wall Furnace
- Appliances DishwasherDisposalMicrowaveRefrigeratorOvenGas OvenGas Cooktop
- Flooring Laminate
- Fireplace Features None
- Laundry Features Washer IncludedIn Kitchen
- Fireplace No
Exterior Features
- Roof CompositionShingle
- View None
- Lot Value In Land
- Patio And Porch None
Community Features
- Senior Community No
- MLS Area 110 - East Hawthorne
- Security Features Smoke Detector(s)Gated CommunityCarbon Monoxide Detector(s)