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12527 Cranbrook Ave Hawthorne, CA 90250
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Key Details
Sold Price $1,235,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,847 sqft
Price per Sqft $321
MLS Listing ID 24-368225
Sold Date 08/08/24
Bedrooms 7
Year Built 1941
Lot Size 6,724 Sqft
Acres 0.1544
Property Description
JUST REDUCED We are pleased to present 12527 Cranbrook Ave in Hawthorne, CA. This 4-unit apartment building is an opportunity for an investor or owner-user to purchase a value-add opportunity in a rapidly growing South Bay city. The property consists of (1) 4bed+2bath owner's unit, (1) 2bed+1.5bath townhouse, & (2) 1bed+1bath units. Three units are vacant: (1) 4+2, (1) 2+1.5 TH, and (1) 1+1. The property features a covered carport in the rear and additional uncovered surface parking spaces. This is an opportunity for a buyer to own in a high demand rental market with tremendous growth potential. The property is subject to statewide AB1482 which allows for 5%+CPI annual rent increases. Three Units are Vacant- Unit #2 1bed will remain occupied.
Location
State CA
County Los Angeles
Area East Hawthorne
Zoning HAR3YY
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Carport Detached
Garage Spaces 6.0
Building
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Lyon Stahl Investment Real Estate, Inc.