12527 Cranbrook Avenue

Hawthorne, CA 90250

$1,350,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $350 / sqft

1941

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 12527 Cranbrook Avenue
City Hawthorne
State CA
Zip 90250
County Los Angeles
Listing Agent Nabil Awada DRE#02046840
Courtesy Of Matthews Real Estate Investment Services
MLS 24368225
List Price $1,350,000
Status Pending
Type Residential Income
Structure Size N/A
Lot Size 6,724
Year Built 1941
DOM 56

Exterior Information

Maps

Listing information courtesy of: Nabil Awada, Matthews Real Estate Investment Services . *Based on information from the Association of REALTORS/Multiple Listing as of May 8th, 2024 at 10:16 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.