12415 Cedar Ave

Hawthorne, CA 90250

  • $2,195,000

    Price

  • 5,048

    SqFt

  • 0.25

    Acre

Listing Provided Courtesy of Jonathan Nikfarjam 310-593-9868 - Shield CRE, Inc. 310-593-9869

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About the Listing CLW-X82383 - CLW-C100141

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

Listing Highlights for 12415 Cedar Ave

Status Active
Days on Site 7
Property Type Multi-Family
MLS ® 26105002
Year Built 1951
Total Square Footage 5,048
Lot/Acreage 0.25
County Los Angeles
Area 108 - North Hawthorne

Interior Details

  • Appliances: Washer
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 6 car
  • Parking Spaces: 6
  • Zoning: HAR3YY
  • Roof:
  • Others: 2+ Total Units,Has ADU
  • Sewer:
  • Parking Features: Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4046019005
  • Tax Year: N/A

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12415 Cedar Ave Hawthorne, CA 90250

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Listing Courtesy of Jonathan Nikfarjam 310-593-9868 - Shield CRE, Inc. 310-593-9869

Originating MLS: CRMLS

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12415 Cedar Ave

Hawthorne, CA 90250

$2,195,000

0 Bed | 0 Bath | 5,048 SqFt

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Hawthorne, CA 90250

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