14
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$1,559,999
Est. payment /mo
Pending
12717 Cranbrook AVE Hawthorne, CA 90250
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSB25030929
Originating Board California Regional MLS
Year Built 1964
Lot Size 6,119 Sqft
Property Sub-Type Fourplex
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 units and (1) 2-bed/1-bath unit. Offering a 3.92% CAP rate and 15.40 GRM, the property also boasts 45% rental upside with a 6.76% market CAP and 10.61 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
Interior
Laundry Laundry Area
Exterior
Garage Spaces 11.0
Pool None
Building
Water District - Public
Others
Tax ID 4049014015
Special Listing Condition Not Applicable
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Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.