12717 Cranbrook Ave - Apartments FOR SALE


Hawthorne, CA 90250
$1,559,999 USD
310-710-3829
12717 Cranbrook Ave, Hawthorne, CA for Sale
$1,559,999 USD
Apartments - FOR SALE
1/15
null | 3.92% Cap Rate

12717 Cranbrook Ave
Hawthorne, CA 90250


HIGHLIGHTS

  • Massive 4 Unit Property in a Residential Pocket of Hawthorne | 5,008 RSF on a 6,119 SF Lot
  • Excellent Unit Mix: (3) 3-Bed/2-Bath, (1) 2-Bed/1-Bath w/ Carport for 8 Cars + 3 Side Parking Spaces On-Site | Shared Laundry
  • 3.92% CAP & 15.40 GRM
  • 45% Rental Upside | 6.76% Market CAP | 10.61 Market GRM
  • Well-Located in Hawthorne Down the Street from Hawthorne Memorial Park, SpaceX, and Chester Washington Golf Course
  • Ideal Opportunity For Owner-User and/or Investor

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,559,999 USD

PRICE/SF

$312 USD /SF

# OF UNITS

4

PRICE/UNIT

$390,000

CAP RATE

3.92%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Large 4 Unit in Hawthorne

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,331 SF

ZONING

R1

APN/PARCEL ID

4049-014-015

ASK ABOUT THIS PROPERTY

Woody StahlLyon Stahl Investment Real Estate, Inc.More Info
310-710-3829

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Woody StahlLyon Stahl Investment Real Estate, Inc.More Info
310-710-3829

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