Hawthorne, CA 90250,12717 Cranbrook AVE
Hawthorne, CA 90250,12717 Cranbrook AVE
Hawthorne, CA 90250,12717 Cranbrook AVE
Hawthorne, CA 90250,12717 Cranbrook AVE
Hawthorne, CA 90250,12717 Cranbrook AVE
Hawthorne, CA 90250,12717 Cranbrook AVE
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$ 1,450,000
Est. payment | /mo

6,120 Sqft Lot


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$ 1,450,000
Est. payment | /mo
Save

6,120 Sqft Lot

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 unit and (1) 2-bed/1-bath unit. Offering a 4.31% CAP rate and 14.31 GRM, the property also boasts 45% rental upside with a 7.36% market CAP and 9.86 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

California Regional MLS (CRMLS)
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc. • 3107801899
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12717 Cranbrook AVE