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Six-Unit Bungalow Apartment Building
For Sale
$2,326,000

13632 -36 Cerise Ave, Hawthorne, CA 90250

Residential Income, Bungalow, Hawthorne, CA

Property Size4,920 SF
Lot Size0.45 Acres
Price / SF$472.76
Days on Market142

Property Features for 13632 -36 Cerise Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning HAR3*
Bedrooms 12
Bathrooms 6
Full bathrooms 5
Rooms Bedroom 10, Bedroom 9, Bedroom 5, Bedroom 8, Bathroom 1, Bathroom 4, Bedroom 7, Bathroom 6, Bedroom 2, Bathroom 5, Bedroom 6, Bedroom 12, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 11, Bathroom 3, Bathroom 2
Parking 6
Parking features Covered, Assigned
Appliances Oven, Oven-Gas, Microwave, Cooktop - Gas, Built-In Gas
Lot features Single Lot, Value In Land
Directions NORTH OF ROSECRANS AVE., SOUTH OF W. EL SEGUNDO BLVD., WEST OF CRENSHAW BLVD., EAST OF PRAIRIE AVE.
Subdivision East Hawthorne
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.
Listed By: Fred Nabati · License #01276914
Added: May 26 Changed: Oct 8 Last Checked: Oct 14 at 6:06AM
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 apartment property contains six residential units within a 4,920-square-foot bungalow-style building. The improvements date to 1959 and include laminate flooring, composition and shingle roofing, gas cooking appliances, ovens, a microwave, and assigned covered parking. The unit and room information identifies 12 bedrooms and six bathrooms across the property.

The property is located at 13632 -36 Cerise Ave in Hawthorne, California 90250, within Los Angeles County. It occupies 0.4483 acres and carries HAR3* zoning. The existing configuration provides a defined multifamily asset with covered assigned parking and residential building improvements already in place.

Key Highlights

  • Six residential units in a 4,920‑square‑foot apartment building
  • 0.4483‑acre property at 13632 -36 Cerise Ave, Hawthorne, CA 90250
  • HAR3* zoning designation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,167
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,340 $1.6M
Cap Rate 7%
$1,130,957 $1.1M
Cap Rate 9%
$879,633 $879.6K
Market Conditions
NOI Build-Up for 4,920 SF
Gross rent
$156.5K $31.80/SF
− Vacancy
−$12.5K −$2.54/SF
EGI
$143.9K $29.26/SF
− OpEx
−$64.8K −$13.17/SF
NOI
$79.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,340
Cap Rate 7%
$1,130,957
Cap Rate 9%
$879,633

Alternative Uses

Best Use
Apartment 5plus
$1.13M
$989.6K – $1.32M (±1% cap)
NOI $79,167 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M (±1% cap)
NOI $184,390 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,238
Businesses Nearby

Demographics for 90250, CA

97,653
Population
34,105
Households
2.9
Avg Household Size
35
Median Age
26%
College-Educated
79%
High-School Grad
6.8 sq mi
ZIP Area
14,361
Density / Sq Mi
$74,923
Median Household Income
$40,288
Median Earnings
$1,723
Median Rent
$827,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six residential units, bungalow architecture, laminate flooring, and assigned covered parking define the property’s existing configuration.
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 $2,326,000.
What are key features of this property?
This property features: Six residential units in a 4,920‑square‑foot apartment building; 0.4483‑acre property at 13632 -36 Cerise Ave, Hawthorne, CA 90250; HAR3* zoning designation
More about this property
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