For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,235,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,847 sqft
Price per Sqft $321
MLS Listing ID 24368225
Sold Date 08/08/24
Bedrooms 7
HOA Y/N No
Year Built 1941
Lot Size 6,725 Sqft
Property Description
JUST REDUCED 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 are 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. Three Units are Vacant- Unit #2 1bed will remain occupied.
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Zoning HAR3YY
Interior
Fireplace No
Exterior
Garage Detached Carport
Attached Garage No
Total Parking Spaces 6
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4049004053
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jake Glaser • Lyon Stahl Investment Real Estate, Inc.