12717 Cranbrook Avenue Pending Save Request In-Person Tour Request Virtual Tour
Hawthorne,CA 90250
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 5,008 sqft
Price per Sqft $289
MLS Listing ID CRSB25030929
Bedrooms 11
Year Built 1964
Lot Size 6,119 Sqft
Property Sub-Type OTHER
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
Zoning HAR3
Interior
Laundry Common Area
Exterior
Exterior Feature Other
Building
New Construction No