14
See all 14 photos
$1,559,999
Est. payment /mo
6,120 Sqft Lot
Active
12717 Cranbrook AVE Hawthorne, CA 90250
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UPDATED:
02/19/2025 12:13 AM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25030929
HOA Y/N No
Year Built 1964
Lot Size 6,120 Sqft
Property Sub-Type Mixed Use
Property Description
Discover this large 4-unit property located in the city of Hawthorne. Situated on a 6,119 SF lot with 5,008 RSF, this property features a strong unit mix of (3) 3-bed/2-bath units and (1) 2-bed/1-bath unit. Offering a 3.92% CAP rate and 15.40 GRM, the property also boasts 45% rental upside with a 6.76% market CAP and 10.61 market GRM, making it an exceptional value-add opportunity. Additional amenities include carport parking for 8 vehicles and shared laundry facilities. Ideally located just down the street from Hawthorne Memorial Park, SpaceX, and Chester Washington Golf Course, this property is well-positioned in a gentrifying market with strong long-term potential.
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Zoning HAR3YY
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 8
Pool None
Community Features Biking
Total Parking Spaces 11
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4049014015
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc. • 3107801899