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Casa Cerise Apartments 14037 Cerise Ave 46 Unit Apartment Building $12,000,000 ($260,870/Unit) 6.82% Cap Rate Hawthorne, CA 90250
Property Facts
| Price | $12,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $260,870 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.90 AC |
| Cap Rate | 6.82% | Building Size | 35,610 SF |
| Gross Rent Multiplier | 9.68 | Average Occupancy | 100% |
| No. Units | 46 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1989 |
| Property Subtype | Apartment | ||
| Zoning | HAR4* | ||
| Price | $12,000,000 |
| Price Per Unit | $260,870 |
| Sale Type | Investment |
| Cap Rate | 6.82% |
| Gross Rent Multiplier | 9.68 |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.90 AC |
| Building Size | 35,610 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1989 |
| Zoning | HAR4* |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 650 |
| 2+1 | 44 | - | 700 - 750 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,927,842 | |
| Land Assessment | $1,413,237 | Total Assessment | $5,341,079 |
Property Taxes
Parcel Numbers
Land Assessment
$1,413,237
Improvements Assessment
$3,927,842
Total Assessment
$5,341,079
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