12701 Cranbrook Ave - Apartments FOR SALE


Hawthorne, CA 90250
$1,250,000 USD
949-955-2855
12701 Cranbrook Ave, Hawthorne, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/3
null | 5.81% Cap Rate

12701 Cranbrook Ave
Hawthorne, CA 90250


HIGHLIGHTS

  • Pride Of Ownership | Upside in Rents
  • 4,170 Rental Sq. Ft. | 6,688 Sq. Ft. Lot
  • Some Renovations Completed In 2024
  • Tenants Enjoy Onsite Carport Parking & Laundry Facility
  • Unit Mix: 1- 3bed/2bath, 1- 2bed/1bath, 3-1bed/1bath
  • Close to Manhattan Beach, SOFI Stadium and LAX Airport

OVERVIEW

5-unit apartment building with $8,900 monthly income. Prime Hawthorne location near the 105 freeway and Hawthorne Airport. The property features a great bed/bath mix of 3 bedroom, 2 bedroom and 1 bedroom units. A total of 8 bedrooms, 6 bathrooms, 5 carports, and a shared laundry area. Sitting on a spacious 6,687 sq ft lot with a 4,170 sq ft building. A similar 5-plex with "tons of deferred maintenance" just closed for $1,350,000 at 11708 Birch Ave, Lynwood.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

5

PRICE/UNIT

$250,000

CAP RATE

5.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Large 5-Units In Hawthorne!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

HAR3YY

APN/PARCEL ID

4049-014-018

ASK ABOUT THIS PROPERTY

Robert CompeanUrban Street Ventures, Inc.More Info
949-955-2855

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Robert CompeanUrban Street Ventures, Inc.More Info
949-955-2855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.