Six-Unit Multifamily Apartment
13632 -36 Cerise Ave Hawthorne, CA 90250
For Sale
$2,499,500
MULTI_FAMILY - Hawthorne, CA
Property Size4,920 SF
Lot Size0.45 Acres
Price / SF$508.03
Days on Market59
Property Features for 13632 -36 Cerise Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- HAR3*
- Bedrooms
- 12
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bathroom 3, Bathroom 4, Bedroom 7, Bedroom 9, Bedroom 11, Bedroom 10, Bedroom 5, Bathroom 5, Bedroom 6, Bedroom 8, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 12
- Parking
- 6
- Parking features
- Covered, Assigned
- Appliances
- Oven, Oven-Gas, Microwave, Cooktop - Gas, Built-In Gas
- Standard status
- Active
- APN
- 4052-005-063
- Size
- 4,920 SF
- Lot size
- 0.45 Acres
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Number of units
- 6
- Flooring type
- Laminate
- Roof type
- Shingle, Composition
- Architectural style
- Bungalow
Listing Agency:
Trimax Realty, Inc.
(310) 954-0808
Listed By:
Fred Nabati · License #01276914
(424) 704-3373
Added: May 26
Changed: Jul 8
Last Checked: Jul 23 at 9:06PM
MLS# 26835959
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a six-unit multifamily apartment building located at 13632–13636 Cerise Ave in Hawthorne, California (90250). The parcel totals 0.4483 acres, with the listing reporting 4,920 square feet of property size. The site is zoned HAR3*, and the City of Hawthorne should be consulted for any redevelopment possibilities.
The offering is described as being positioned in a transitional area of Hawthorne that has seen development and reinvestment over the last several years. According to the remarks, the property is near major highways, public transportation, schools, and shopping centers, supporting day-to-day tenant access to services and connectivity.
For investors, operators, or buyers seeking a small apartment building, the six-unit configuration can support diversified income within a single asset. With the zoning noted as HAR3*, the parcel size may be of interest to buyers evaluating future site planning and entitlement pathways, subject to City review and approval. Prospective buyers are encouraged to verify all details with their advisors, including redevelopment and unit-specific information.
The offering is described as being positioned in a transitional area of Hawthorne that has seen development and reinvestment over the last several years. According to the remarks, the property is near major highways, public transportation, schools, and shopping centers, supporting day-to-day tenant access to services and connectivity.
For investors, operators, or buyers seeking a small apartment building, the six-unit configuration can support diversified income within a single asset. With the zoning noted as HAR3*, the parcel size may be of interest to buyers evaluating future site planning and entitlement pathways, subject to City review and approval. Prospective buyers are encouraged to verify all details with their advisors, including redevelopment and unit-specific information.
Key Highlights
- Bungalow style home built in 1959 with composition/shingle roof
- 0.44‑acre lot with potential for development; check with the City of Hawthorne and your professionals
- Utilities and kitchen appliances include oven (gas), microwave, and gas cooktop/built‑in gas appliances
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $156.5k | $31.80 |
| − Vacancy | −$12.5k | −$2.54 |
| EGI | $143.9k | $29.26 |
| − OpEx | −$64.8k | −$13.17 |
| NOI | $79.2k | $16.09 |
4,920 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.13M
$989.6K – $1.32M
NOI $79,167 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,390 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Six-unit apartment building on 0.45 acres, zoned HAR3*, with proximity to highways, transit, and neighborhood retail.
Where is this apartment building located?
The property is located at 13632 -36 Cerise Ave Hawthorne, CA.
What is the asking price?
The asking price for this property is $2,499,500.
What are key features of this property?
This property features: Bungalow style home built in 1959 with composition/shingle roof; 0.44‑acre lot with potential for development; check with the City of Hawthorne and your professionals; Utilities and kitchen appliances include oven (gas), microwave, and gas cooktop/built‑in gas appliances
