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Listed by Brett Dalton Lyon • Lyon Stahl Investment Real Estate, Inc.
$ 1,450,000
Est. payment /mo
Pending
12717 Cranbrook Avenue Hawthorne, CA 90250
5,008 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Pending
Purchase Type For Sale
Square Footage 5,008 sqft
Price per Sqft $289
MLS Listing ID SB-25030929
Year Built 1964
Lot Size 6,119 Sqft
Property Sub-Type Commercial/Residential
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
Laundry Common Area
Exterior
Parking Features Gated
Pool None
Community Features Biking
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer