$1,350,000
$1,450,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
12717 Cranbrook AVE Hawthorne, CA 90250
6,120 Sqft Lot
Key Details
Sold Price $1,350,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25030929
Sold Date 07/16/25
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
Financing Conventional
Special Listing Condition Standard
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Bought with Brett Lyon Lyon Stahl Investment Real Estate, Inc.