Hawthorne, CA 90250 12717 Cranbrook Avenue
$1,450,000
Pending
9 more
Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899
Beds • 11
Baths • 7
SQFT • 5,008
Year Built • 1964
Home Details
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 unit and (1) 2-bed/1-bath unit. Offering a 4.31% CAP rate and 14.31 GRM, the property also boasts 45% rental upside with a 7.36% market CAP and 9.86 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.
Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899
Interior Features for 12717 Cranbrook Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 12717 Cranbrook Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces8.0
Carport Y/NYes
CityHawthorne
Community FeaturesBiking
CountyLos Angeles
DirectionsNear Cranbrook Ave and W El Segundo Blvd
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income101328.0
HOANo
Home Warranty Y/NNo
Insurance Expense6260.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsConventional
Lot Size Square Feet6119.0
Lot Size UnitsSquareFeet
MLS Area110 - East Hawthorne
MaintenanceExpense5066.0
MobileHomeRemainsYNNo
Net Operating Income62427.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces3.0
Operating Expense35861.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot15
Taxes$18,683
Trash Expense0.0
Water Sewer Expense0.0
Year Built1964
Year Built SourceAssessor
ZoningHAR3YY
Exterior for 12717 Cranbrook Avenue
Building Area Total5008.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1405
Lot Size Area6119.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking11.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
