13632 -36 Cerise Ave For SALE!
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.
Call/Text/Email Morris Peykar for inquiries and showing requests – 310-666-0540 / [email protected].
Address
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Address 13632 - 13636 Cerise Ave, Hawthorne, CA
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Country United States
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Postal code/ZIP 90250
Overview
- Property ID 9618
- Price $2,799,000
- Property Type Multi-Family
- Property status For Sale
- Rooms 6
- Bedrooms 2
- Bathrooms 1
- Year Built 1959
- Size 4,920 SqFt
- Land area 19,529 SqFt
- Label Sale
Features
File Attachments
OM-13632-13636-Cerise-Ave.pdf
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