$1,350,000
Pending
83 Days Online
7 Beds6 Baths3,847 SQFT
Pending

12527 Cranbrook Avenue Hawthorne, CA 90250

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OFFERS DUE 4/30/2024 at 5pm! 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 will be delivered 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. One unit is vacant now, Two more units will be vacant by 4/26/2024. Unit #2 will remain occupied. Property to close escrow anytime after 5/16/2024. Offer deadline is April 30th at 5pm PST.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site82 Days
  • MLS StatusPending
  • MLS ID Number24368225
  • Home Size Source N/A
  • Year Built1941
  • Lot Size0.1544 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Detached Carport
  • Parking Spaces 6
  • Number of Stories 20
  • Acreage 0.1544
  • Attached Garage No
  • Zoning HAR3YY
  • Listing Conditions Standard

Community Features

  • Senior Community No
  • MLS Area 110 - East Hawthorne

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Monthly Payment (Est.)

$7,207
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