$1,235,000
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7 Beds
6 Baths
3,847 SqFt
SOLD DATE : 08/08/2024
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
Parking Features 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
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Bought with Jake Glaser • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States