20
See all 20 photos
$1,165,000
Est. payment /mo
8 Beds
5.5 Baths
2,630 SqFt
Active
11612 Cimarron Avenue Hawthorne, CA 90250
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,630 sqft
Price per Sqft $442
MLS Listing ID CL26871637
Bedrooms 8
Full Baths 5
Half Baths 1
HOA Y/N No
Year Built 1954
Lot Size 5,407 Sqft
Acres 0.1241
Property Sub-Type Single Family Residence
Property Description
Exceptional Fourplex Conversion Opportunity in Hawthorne! Currently permitted with the City of Hawthorne as a single-family residence and in the approval process for conversion to a multi-family fourplex. New pricing reflects the property's current permit status while approvals remain in process, creating a unique value-add opportunity for the right buyer.The existing property configuration includes a spacious 5BD/3BA unit (approx. 1,793 sq. ft.), completed in December 2021; a two-story 2BD/1.5BA unit (approx. 824 sq. ft.), completed in September 2024; and a 1BD/1BA unit (approx. 418 sq. ft.), completed in September 2024. The half bath in the 2-bedroom unit was converted from a downstairs closet beneath the stairs and is included in the ongoing permit process.Current plans also include conversion of the existing garage into an additional studio unit (proposed approx. 269 sq. ft.); the studio conversion has not yet been constructed.Additional opportunity: Seller has an existing mortgage at approximately 2.46% APR that may be assumable. Seller's current mortgage servicer has advised that the assumption process is expected to take at least 45 days. Loan assumption is subject to lender approval, buyer qualification, terms and conditions.The property offers substantial future income and value-add potential as the permit process progresses. Buyers are strongly encouraged to conduct their own due diligence and independently verify square footage, room/unit configuration, completion dates, permits, zoning, rental potential, loan assumption eligibility, City requirements, and all other aspects of the property. All square footage figures are approximate and should be independently verified by buyer.
Location
State CA
County Los Angeles
Zoning HAR1YY
Interior
Heating Wall Furnace, Central
Cooling Ceiling Fan(s), None
Flooring Wood
Fireplaces Type Decorative
Fireplace Yes
Appliance Microwave, Refrigerator
Laundry In Garage, Other, See Remarks
Exterior
Garage Spaces 1.0
Pool None
View Y/N false
View None
Total Parking Spaces 2
Private Pool false
Building
Story 1
Architectural Style Traditional
Level or Stories One Story
New Construction No
Others
Tax ID 4057013015
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Listed by Guinevere Gandolfo Scaldaferri • EstateX inc.
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