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!
For sale
Price cut: $10K (8/25)
$789,000
12247 Cedar Ave, Hawthorne, CA 90250
2beds
842sqft
Single Family Residence
Built in 1951
3,049 Square Feet Lot
$755,900 Zestimate®
$937/sqft
$-- HOA
What's special
String lightsUnique tile throughoutDesigner shower nicheQuartz countertopsSleek european-style toiletGe appliancesRecessed lighting
- 71 days
- 650
- 51
Zillow last checked:
Listing updated:
Listed by:
George Bukhin DRE #02156062 310-963-5939,
Real Estate Source Inc
Source: CSMAOR,MLS#: 226003047
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central Furnace
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dryer, Freezer, Disposal, Refrigerator, Washer
- Laundry: Laundry Area
Features
- Quartz Counters
- Flooring: Wood/Wood Like
- Windows: Plantation Shutters
- Has fireplace: No
Interior area
- Total structure area: 842
- Total interior livable area: 842 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Garage - 1 Door
- Garage spaces: 1
- Has uncovered spaces: Yes
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
- Size: 3,049 Square Feet
- Features: Back Yard
Details
- Parcel number: 4046014008
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt Shingle
Condition
- Year built: 1951
Community & HOA
Community
- Security: Exterior Security Lights
HOA
- Has HOA: No
Location
- Region: Hawthorne
Financial & listing details
- Price per square foot: $937/sqft
- Tax assessed value: $689,785
- Date on market: 6/26/2026
- Cumulative days on market: 72 days
- Listing terms: VA Loan,Take Property As Is,FHA,Conventional,Cash
- Road surface type: Concrete
Estimated market value
$755,900
$718,000 - $794,000
$3,096/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Price change | $789,000-1.3%$937/sqft |
Source: | ||
| 6/26/2026 | Listed for sale | $799,000+22.9%$949/sqft |
Source: | ||
| 9/29/2022 | Sold | $650,000+0.2%$772/sqft |
Source: Public Record Report a problem | ||
| 9/18/2022 | Pending sale | $649,000$771/sqft |
Source: | ||
| 8/31/2022 | Contingent | $649,000$771/sqft |
Source: | ||
| 8/25/2022 | Price change | $649,000-2.8%$771/sqft |
Source: | ||
| 8/4/2022 | Listed for sale | $668,000+33.9%$793/sqft |
Source: | ||
| 12/15/2018 | Listing removed | $499,000$593/sqft |
Source: Palm Realty Boutique, Inc. #SB18266709 Report a problem | ||
| 11/7/2018 | Listed for sale | $499,000+55.9%$593/sqft |
Source: Palm Realty Boutique, Inc. #SB18266709 Report a problem | ||
| 9/30/2014 | Sold | $320,000-10.9%$380/sqft |
Source: Public Record Report a problem | ||
| 8/26/2014 | Pending sale | $359,000$426/sqft |
Source: Beach City Brokers #SB14151007 Report a problem | ||
| 7/17/2014 | Listed for sale | $359,000+23.8%$426/sqft |
Source: Beach City Brokers #SB14151007 Report a problem | ||
| 8/22/2008 | Sold | $290,000-14.6%$344/sqft |
Source: Public Record Report a problem | ||
| 1/7/2008 | Sold | $339,707-12%$403/sqft |
Source: Public Record Report a problem | ||
| 1/6/2006 | Sold | $386,000$458/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $689,785 +2% |
| 2025 | $8,680 +3.3% | $676,260 +2% |
| 2024 | $8,405 +3.9% | $663,000 +2% |
| 2023 | $8,092 +8% | $650,000 +79.4% |
| 2022 | $7,489 +56.8% | $362,406 +2% |
| 2021 | $4,776 +0.3% | $355,301 +1% |
| 2020 | $4,762 | $351,659 +2% |
| 2019 | $4,762 +7.3% | $344,764 +2% |
| 2018 | $4,439 | $338,004 +2% |
| 2017 | $4,439 +4.5% | $331,377 +2% |
| 2016 | $4,247 +0.2% | $324,880 +1.5% |
| 2015 | $4,241 +19.9% | $320,000 +20.8% |
| 2014 | $3,537 | $265,000 +3.9% |
| 2012 | -- | $255,000 -9.6% |
| 2011 | -- | $282,000 +38.9% |
| 2010 | -- | $203,000 -30% |
| 2009 | -- | $289,900 -27.7% |
| 2008 | -- | $400,804 +1.8% |
| 2007 | -- | $393,720 +1239.9% |
| 2006 | -- | $29,384 |
| 2005 | -- | $29,384 +4% |
| 2004 | -- | $28,245 +1.9% |
| 2003 | -- | $27,728 +2% |
| 2002 | -- | $27,186 +4% |
| 2000 | -- | $26,132 |
Find assessor info on the county website
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Neighborhood: North Hawthorne
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