12527 Cranbrook Avenue

Hawthorne, CA 90250

$1,350,000
Price
7
Beds
6
Baths
3,847 Sq. Ft.
$351 / Sq. Ft.
3,847
Sq. Ft.
$351
per Sq. Ft.

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...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.
  1. Listed by Nabil Awada • DRE #02046840 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services

Property Details for 12527 Cranbrook Avenue

Zoning
HAR3YY
Parcel Number
4049004053
Total Units
4.0
Living Area
3847
Source Living Area
Vendor Enhanced
Area
East Hawthorne (110)
Vacancy Rate
75
Lot Size Area
6724

Location

Listing Courtesy of Matthews Real Estate Investment Services, Nabil Awada, DRE #02046840
Add your commute
LISTING UPDATED: 04/30/2024 11:18 AM

Property Details for 12527 Cranbrook Avenue

StatusActive
MLS #24-368225
Days on Market50
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.15 AC / 6,724 SF
CountyLos Angeles County

Location

Listing Courtesy of Matthews Real Estate Investment Services, Nabil Awada, DRE #02046840
Add your commute

Building Information for 12527 Cranbrook Avenue

Stories-Residences-Year Built1941Building Size-Lot Size0.15 AC / 6,724 SF

Payment Calculator

$8,137 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$769

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12527 Cranbrook Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Standard
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $111,792
  • Net Operating Income: $86,360.00
  • Gross Income: $111,792
  • Gross Rent Multiplier: $12.08
  • Total Annual Expense: 21590
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1544
  • Lot Size Square Feet: 6724
Parking Details
Parking Details
  • Parking Garage: Carport Detached
  • Total Parking: 6
  • Parking Features: Detached Carport
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-13-2024
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,850.00
  • Unit Actual Rent: $3,850.00
  • Unit Projected Rent: $3,850.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,366.00
  • Unit Actual Rent: $1,366.00
  • Unit Projected Rent: $1,366.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,850.00
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $1,850.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $294,561.00
  • Assessed Improvement Percent: 43.1
  • Assessed Land Value: $388,822.00
  • Assessed Land Percent: 56.9
  • Assessed Total Value: $683,383.00

Property History for 12527 Cranbrook Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12527 Cranbrook Avenue

Taxable ValueLand$388,822Additions$294,561Total$683,383
Tax Record2023$9,224 ($769 / month)
Home Facts
Total Finished SqFt3,847 SqFtAbove Grade Finished SqFt3,847 SqFtLot Size6,724 SqFtStyleQuadraplexYear Built1941ZoningHAR3YYCountyLOS ANGELESAPN4049-004-053

Schools near 12527 Cranbrook Avenue

This home is within Centinela Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kornblum School
PublicK to 5

Bud Carson Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Leuzinger High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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12527 Cranbrook Avenue is a multi-family home for sale in Hawthorne, CA 90250. This property was listed for sale on March 13, 2024 by Matthews Real Estate Investment Services, it's currently listed at $1,350,000. It has been on the market for a total of 50 days and was last sold on December 11, 2013. This listing's school districts are Centinela Valley Union High School District, Hawthorne School District. Nearby schools include Kornblum School, Bud Carson Middle School and Lawndale High School. 12527 Cranbrook Avenue is a 7-bed, 6-bath, 3,847 sqft multi-family home built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Matthews Real Estate Investment Services, Nabil Awada, DRE #02046840

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.