12527 Cranbrook Avenue Hawthorne, CA ^$ 1,350,000

12527 Cranbrook Avenue

^$ 1,350,000

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12527 Cranbrook Avenue

Hawthorne, CA, 90250

^$ 1,350,000

Studio Baths0.0 Sq 3,847

Monthly Estimate*

^$ 9,430

12527 Cranbrook Avenue, Hawthorne, CA 90250 - Image 1

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12527 Cranbrook Avenue, Hawthorne, CA 90250 - Image 8

12527 Cranbrook Avenue, Hawthorne, CA 90250 - Image 9

12527 Cranbrook Avenue, Hawthorne, CA 90250 - Image 10

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Studio

Multi-Family Home for sale in Hawthorne, CA

for $1,350,000. This 3,847 square foot home was built in 1941 on a lot size of 0.15.

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.

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.15

Year Built

1941

Town/City

Hawthorne

County/Region

Los Angeles

MLS | Web ID

0024368225

Features

General

Possession Close of Escrow

Zoning HAR3YY

Year Built 1941

Levels Two

County Los Angeles

Net Operating Income 86360.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Hawthorne

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area 110 - East Hawthorne

Lot Size Square Feet 6724.0

Street Name Cranbrook

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Detached Carport

Lot Size Area 6724.0

Building Area Total 3847.0

Lot Size Acres 0.15

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Nabil Awada

Listing Agent

Matthews Real Estate Investment Services

Broker

Affordability Calculator

$9,430

Per Month

Monthly Principal & Interest: $9,430
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Hawthorne, CA

Average List Price ^$2,006,330

Percent of Sale Price 49%

About Hawthorne, CA

89,736 Population

5% Since 2002

^$47,626 Median Income

34.44 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/14/2024	$1,350,000		Listed Price

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12527 Cranbrook Avenue, Hawthorne, CA, 90250 is a Multi-Family Home for sale at $1,350,000 with 3,847 sqft and a lot size of 0.15. 12527 Cranbrook Avenue is a studio with 0.0 baths and was built in 1941. The property's zip code is 90250 which is in Hawthorne, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/10/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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12527 Cranbrook Avenue

Multi-Family Home for sale in Hawthorne, CA

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