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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Owner options
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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#: 24-368225
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
| Date | Event | Price |
|---|---|---|
| 8/8/2024 | Sold | $1,235,000-4.6%$321/sqft |
Source: | ||
| 6/24/2024 | Pending sale | $1,295,000$337/sqft |
Source: | ||
| 6/6/2024 | Price change | $1,295,000-4.1%$337/sqft |
Source: | ||
| 5/8/2024 | Pending sale | $1,350,000$351/sqft |
Source: | ||
| 3/14/2024 | Listed for sale | $1,350,000+186.6%$351/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 3/10Kornblum SchoolGrades: K-5Distance: 0.2 mi
- 6/10Bud Carson Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Leuzinger High SchoolGrades: 9-12Distance: 1.3 mi
Get a cash offer in 3 minutes
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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
