13520 Cerise Avenue

    Hawthorne, CA 90250
    • $1,615,000
    • STATUS: Closed
    • ON SITE: 141 days
    • ID#: SB18154886
    Sold - 08/30/2018
    $1,615,000
    SOLD - 08/30/2018
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,087
      SQFT
    • $265
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    6 Unit non-rent controlled Hawthorne investment opportunity. This property has incredible potential. Situated on a 19,841 square foot lot the property consists of a detached 4 bedroom 1.5 bath, 1,412 sqft, front house and 5 - (2 bedroom 1 bath) 935 sqft units. Units 13522 & 13522 1/2 have been joined to make a large 3 bedroom 2 bath unit. These units can easily be converted back with the addition of two walls. No other structural changes have been made. Each unit has laundry hookups inside and is separately metered for gas and electricity. Unit 13524 was undergoing a minor renovation and will be sold as-is. All income and expenses are estimated. Buyer to investigate all matters including and not limited to square footage and projected income and expenses.

    Sold by Shiela Fowler of Beach City Brokers.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T07:31:47.517. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/85086067

    13520 Cerise Avenue Hawthorne, CA 90250

    • Price: $1,600,000
    • Status: Closed
    • Updated: 4 min ago
    • ID#: SB18154886
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    6,087
    SQFT
    $265
    $/SQFT
    1953
    Built
    Neighborhood:
    110 - East Hawthorne
    County:
    Los Angeles
    Area:
    110 - East Hawthorne
    Property Description
    6 Unit non-rent controlled Hawthorne investment opportunity. This property has incredible potential. Situated on a 19,841 square foot lot the property consists of a detached 4 bedroom 1.5 bath, 1,412 sqft, front house and 5 - (2 bedroom 1 bath) 935 sqft units. Units 13522 & 13522 1/2 have been joined to make a large 3 bedroom 2 bath unit. These units can easily be converted back with the addition of two walls. No other structural changes have been made. Each unit has laundry hookups inside and is separately metered for gas and electricity. Unit 13524 was undergoing a minor renovation and will be sold as-is. All income and expenses are estimated. Buyer to investigate all matters including and not limited to square footage and projected income and expenses.
    Exterior Features

    Garage Spaces 6.00 Lot Features 6-10 Units/AcreLot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 14.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 935 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling CentralNone Fireplace Features None Fireplace YN No Flooring CarpetLaminateTile Heating Wall Heater Heating YN Yes Laundry Features AreaIn KitchenInside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.62 Community Features CurbsSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1800.00 Gross Income 0.00 Gross Multiplier 12.82 Gross Scheduled Income 124800.00 Insurance Expense 2400.00 Land Lease YN No Laundry YN Yes Maintenance Expense 3600.00 Net Operating Income 89946.00 New Taxes Expense 19200.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 0 Operating Expense 34854.00 Operating Expense Percent 27.90 Pest Control Expense 720.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 34854.00 Trash Expense 1734.00 Water Sewer Expense 5400.00 Water Source Public Year Built Source Assessor Zoning Har3*

    Listing provided courtesy of Charles Fisher of Re/Max Estate Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T07:31:47.517. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094