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12415 Cedar Avenue

Hawthorne CA 90250

6
8
6
5048 sq. ft.
10876 sq. ft.
Other
Currently for sale - view listing

Overview

8-Unit Garden-Style Apartment in Highly Desirable Hawthorne Location - West of Prairie Avenue & South of 120th Street | 6 of the 8 Units Extensively Renovated with New Windows, Electrical, Plumbing & Modern Interior Finishes | Main Electrical Panel Upgraded with New Meters for Every Unit | Large 10,876-SF Corner Lot with Excellent ADU Potential (Buyer to Verify) | 6.08% Current Cap Rate & 11.30 Current GRM | 6.58% Pro-Forma Cap Rate & 10.65 Pro-Forma GRM | Unit H Currently Vacant & Undergoing Renovations - Unit B Will Be Delivered Vacant | Recently Painted Property with Tremendous Curb Appeal | Each Unit Features Front & Rear Entrances with Outdoor Space on Both Sides | Located Approximately 1 Mile to SpaceX & Tesla Design Center and 2 Miles to SoFi Stadium & Intuit Dome | Unit Mix of (6) 1-Bedroom/1-Bathroom Units & (2) Studio/1-Bathroom Units | (3) Freestanding 2-Car Garages Totaling 6 Garage Spaces - Potential to Convert Garages into ADUs (Buyer to Verify) | No Local Rent Control - Defaults to AB 1482 | On-Site Laundry Facility Also Used by Neighboring Property - Generating Additional Income* | Strong Neighboring Employment Centers: Northrop Grumman, Boeing, SpaceX & LAX Airport

Features

6 bedrooms
8 bathrooms
6 carspaces
6 garage spaces
5048 sq. ft. floor area
10876 sq. ft. lot size
Other

Happy sellers in Hawthorne

94%
94% of sellers in Hawthorne reported that their sale price either exceeded or met their price expectations.

Hawthorne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Hawthorne over the last 12 months.

Local market activity for 6 bedroom other properties in Hawthorne

In the last 12 months, 1 six-bedroom other similar to 12415 Cedar Avenue, have been sold.

This represents a 50% increase in six-bedroom other properties sales when compared to the previous 12 months.

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