ActiveResidential · sale

12247 Cedar Avenue

Hawthorne, CA 90250

$789,000

  • 2 beds
  • 1 baths
  • 842 sq ft
  • 0.07 acres
  • Built 1951

Listed by Real Estate Source Inc · MLS #226003047

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Natural light pours into the open floor plan.

Year built

Built in 1951.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Rare Investment & Lifestyle Opportunity: Turn-Key Gem with Exceptional Income Potential & Major Growth Upside!This is the one savvy buyers have been waiting for -- a beautifully updated, move-in ready home that perfectly balances personal lifestyle enjoyment with outstanding investment and income potential in a location primed for significant appreciation.Whether you're seeking a charming residence or an investment property, this incredible home checks every box. Nestled in a quiet, friendly neighborhood, it sits just 2 minutes from SpaceX Headquarters and under 10 minutes from SoFi Stadium, Intuit Dome, YouTube Theatre, and The Forum!**Prime Location with Exceptional Demand**This property is positioned at the heart of Southern California's biggest upcoming events: 2026 FIFA World Cup 2027 Super Bowl 2028 OlympicsPlus year-round concerts, major sporting events, and attractions. Combined with easy access to LAX (8 min), the Hawthorne Airport (with upcoming Archer Aviation Air Taxi!!), beaches (12 min), Top Golf, Downtown LA, Santa Monica, Hollywood, and Disneyland, the area draws consistent visitors and professionals -- creating strong flexibility for supplemental income opportunities (detailed performance insights available in confidential agent notes).**Investment & Appreciation Catalysts** Just 1-block away: The long-vacant 40-acre Hawthorne Mall has a court-ordered deadline for demolition or redevelopment by August 31, 2026. This massive project has the potential to eliminate a longstanding eyesore and deliver incredible property value growth and appreciation to the surrounding neighborhood! Proximity to SpaceX and the surge of major events create powerful long-term tailwinds for both demand and appreciation. This area is absolutely booming with Archer Aviation, Tesla, SpaceX, 2 breweries, and incoming aerospace and engineering companies! Sold fully furnished and completely turn-key, with recent upgrades that make it truly move-in ready and ready-to-go!**A Home That Feels Like a Daily Retreat**Enter this bright, coastal-inspired 2-bedroom, 1-bath home and you'll instantly appreciate the warmth, style, and thoughtful updates. Natural light pours into the open floor plan. Enjoy modern comforts like vinyl flooring, recessed lighting, double-pane windows, central A/C & heat, and a brand new 200-amp electrical panel as well as unique tile throughout.Standout Features & Upgrades: Remodeled kitchen with beautiful coastal tile, quartz countertops, shaker cabinets, and GE appliances Fully remodeled bathroom featuring a marble vanity, sleek European-style toilet, and designer shower niche Generously sized bedrooms with built-in closets Separate laundry areaExceptional Outdoor & Recreation Space: Inviting backyard oasis with newer turf, 6-person hot tub, BBQ, hammock, string lights, picnic table, and more -- perfect for unwinding or hosting friends and family. Versatile converted garage game room with epoxy flooring, A/C, ping pong, foosball, and smart TV (easily convertible back to traditional garage use). Long driveway offering off-street parking plus 220V EV charger outlet.Energy Efficiency Highlight: A fully permitted solar lease-to-own system (6.24kW panels + 2 batteries) that helps control electricity costs and provides backup power -- a smart, valuable addition for any owner.This delightful North Hawthorne home in the ''City of Good Neighbors'' offers comfort, entertainment, and versatility. It works beautifully as a personal residence while also presenting flexible income potential in a high-demand market.Priced to reflect its prime location and investment opportunity, quality upgrades, full furnishings, and strong future upside, this opportunity is truly special and won't last long. Secure your piece of Hawthorne's promising future!

THE NEIGHBORHOOD

Explore the location.

12247 Cedar Avenue, Hawthorne, CA 90250

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1951
Full baths
1
Half baths
0
Garage spaces
1
Cooling
CentralAir
Heating
Central
Appliances
ConvectionOven,Freezer,Disposal,Microwave,Refrigerator
Flooring
Wood
Pool
No
Spa
Yes
Zoning
HAR1YY
Parcel
4046014008

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,287.50
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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12247 Cedar Avenue, Hawthorne, CA 90250 · MLS #226003047

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Listing information

MLS #226003047 · California Regional MLS

Listing brokerage: Real Estate Source Inc
Listing agent: George Bukhin

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.