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Sold for $1,235,000 on 08/08/24
  • $1,235,000

    12527 Cranbrook Ave, Hawthorne, CA 90250

    7beds
    6baths
    3,847sqft
    Multi Family
    Built in 1941
    -- sqft lot
    $1,307,600 Zestimate®
    $321/sqft
    $3,097 Estimated rent

    Home value

    $1,307,600

    $1.16M - $1.46M

    $3,097/mo

    Zestimate® history
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    $7,778/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: August 08, 2024 at 07:34am

    Listed by:

    Nabil Awada DRE # 02046840 310-469-2974,

    Matthews Real Estate Investment Services 866-889-0550

    Bought with:

    Jake Glaser, DRE # 02128816

    Lyon Stahl Investment Real Estate, Inc.

    Spencer Chan, DRE # 02197531

    Lyon Stahl Investment Real Estate, Inc.

    Source: CLAW,MLS#: 24-368225MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Heating
    • Other
    Cooling
    • Other
    Interior area
    • Total structure area: 3,847
    • Total interior livable area: 3,847 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Detached Carport
    • Has carport: Yes
    Features
    • Levels: Two
    Lot
    • Size: 6,725 sqft
    Details
    • Additional structures: None
    • Parcel number: 4049004053
    • Zoning: HAR3YY
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1941

    Community & neighborhood

    Location
    • Region: Hawthorne

    Price history

    DateEventPrice
    8/8/2024Sold$1,235,000-4.6%$321/sqft
    Source: CLAW #24-368225
    6/24/2024Pending sale$1,295,000$337/sqft
    Source: CLAW #24-368225
    6/6/2024Price change$1,295,000-4.1%$337/sqft
    Source: CLAW #24-368225
    5/8/2024Pending sale$1,350,000$351/sqft
    Source: CLAW #24-368225
    3/14/2024Listed for sale$1,350,000+186.6%$351/sqft
    Source: CLAW #24-368225

    Public tax history

    YearProperty taxesTax assessment
    2025$16,407 +71.6%$1,235,000 +77.2%
    2024$9,559 +3.6%$697,050 +2%
    2023$9,224 -1.3%$683,383 +2%

    Find assessor info on the county website

    Neighborhood: North Hawthorne

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,307,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,307,600