John E Burge

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Listing provided courtesy of Trimax Realty, Inc.- MLS# 26835959MLS Provider

13632 Cerise AveHawthorne, CA 90250

Multi-Family · 12 Beds · 4,920 Sq. ft. | 0.45 Acres
$2,599,000 Active

13632 Cerise Ave Overview

Time on Site:
33 days
Visits:
0

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.

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13632 Cerise Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,920
  • Price/Sq.ft. $528
  • Lot 0.45 Acres

Details

General

Income/Expenses

  • Gross Income: 16437
  • Net Operating Income: 125821.00

Building Information

  • Year Built: 1959

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: East Hawthorne

Rent/Lease Information

  • Tenant Pays: Cable TV, Gas, Electricity, Interior Maint, Insurance, Other, Trash Collection

Tax Information

  • Tax Assessed Value: 299582

General Information

  • Disclosures: As Is
  • Exclusions: PER LEASES AND ESTOPPEL CERTIFICATES
  • Inclusions: PER LEASES AND ESTOPPEL CERTIFICATES
  • Property Type: Residential Income
  • Rent Control: False
  • Zoning: HAR3*

Interior

Parking Information

  • Garage Spaces: 6

Beds/Baths

  • Bathrooms Total: 6.00
  • Bedrooms Total: 12

General Information

  • Common Walls: Detached/No Common Walls
  • Cooling: None
  • Entry Location: Ground Level - no steps
  • Flooring: Laminate
  • Foundation Details: Slab
  • Heating: Wall
  • Levels: One
  • Living Area: 4920
  • Living Area Source: Estimated
  • Security Features: Smoke Detector, Gated, Carbon Monoxide Detector(s), Other
  • Stories: 0

Exterior

Parking Information

  • Parking Total: 6

Lot Information

  • Additional Parcels Description: True
  • Lot Features: Single Lot, Value In Land
  • Lot Size Acres: 0.4483
  • Lot Size Area: 19529
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 0
  • Water Source: District

Waterfront/View

  • Waterfront Features: None

Building Exterior/Construction

  • Architectural Style: Bungalow
  • Patio And Porch Features: None
  • Roof: Composition, Shingle

General Information

  • Covered Spaces: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Other Structures: None
  • Sewer: In Street

13632 Cerise Ave Neighborhood

Community

90250 (HAWTHORNE) Demographics

33
Median Age
14,178
Population Density (per sq. mile)
31%
College Educated
$60,162
Estimated Median Income
9,874
Estimated Total Home Owners
20,967
Estimated Total Renters
32% / 68%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

13632 Cerise Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

13632 Cerise Ave Market Data

Based on the last 30 days in this zip code

$1,001,524
Average List Price
$642
Average Price per Square Foot
16
Properties Sold
72
Average Days on Market
170
Properties for Sale
Calculations provided by Reliance Network

13632 Cerise Ave History

Date Event Value Agent
5/27/2026Source: TheMLS (CLAW) Added to Database
May 27, 2026
10/18/2022Source: CRMLS Added to Database
October 18, 2022
10/18/2022Source: CRMLS Added to Database
October 18, 2022
6/23/2022Source: TheMLS (CLAW) Added to Database
June 23, 2022
6/23/2022Source: TheMLS (CLAW) Added to Database
June 23, 2022
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