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12247 Cedar Ave, Hawthorne, CA, 90250

2beds
1baths
842sqft
$799,000
$949price/sqft
$5,394/moest. monthly cost
$215,760/yrincome needed

About This Home

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 Olympics Plus 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 area Exceptional 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!

Getting Around

77
WalkingVery Walkable
47
TransitSome Transit
58
BikeBikeable

Schools

7/10
Washington SchoolGrades K-50.4 mi
5/10
4/10
Hawthorne High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1951

Materials

  • Roof: Asphalt Shingle

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Freezer,Disposal,Refrigerator,Washer
  • Laundry features: Laundry Area

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Quartz Counters
  • Window features: Plantation Shutters
  • Flooring: Wood/Wood Like

Heating & Cooling

  • Heating features: Central Furnace
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 842
  • Total interior livable area: 842 sqft

Property

Details

  • Parcel number: 4046014008
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Ground Level w/Steps
  • Exterior features: Lawn,Sidewalks,Storm Drains
  • Has spa: Yes
  • Spa features: Heated,Hot Tub,Private
  • Fencing: Fenced,Full

Lot

  • Lot size: 3,049 sqft
  • Features: Back Yard

Parking

  • Total spaces: 1
  • Parking features: Driveway,Garage - 1 Door
  • Has garage: Yes
  • Attached garage spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,040$48,480
Home Insurance *$105$1,260
Property Taxes $851$10,212
Electricity $398$4,786
Total$5,394$64,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$184,937/yr
40% on housing$161,820/yr
45% on housing$143,840/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$949This listing

vs Other Active Listings

Avg $/sqft

ZIP 90250$479
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90250$666
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$799,000
2022-09-29Sold$650,000
2022-09-18Pending sale$649,000
2022-08-31Contingent$649,000
2022-08-25Price change$649,000
2022-08-04Listed for sale$668,000
2018-12-15Listing removed$499,000
2018-11-07Listed for sale$499,000
2014-09-30Sold$320,000
2014-08-26Pending sale$359,000
2014-07-17Listed for sale$359,000
2008-08-22Sold$290,000
2008-01-07Sold$339,707
2006-01-06Sold$386,000

For Sale by Agent

AgentGeorge Bukhin
BrokerageReal Estate Source Inc

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