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Sold for $1,350,000 on 07/16/25
  • Listing Provided by: 

    Brett Lyon DRE #01717818 3107801899,

    Lyon Stahl Investment Real Estate, Inc.,

    Duncan Backus DRE #02090171,

    Lyon Stahl Investment Real Est

    Bought with: Lyon Stahl Investment Real Estate, Inc.
    $1,350,000

    12717 Cranbrook Ave, Hawthorne, CA 90250

    11beds
    7baths
    5,008sqft
    Mixed Use
    Built in 1964
    -- sqft lot
    $1,423,000 Zestimate®
    $270/sqft
    $2,692 Estimated rent

    Home value

    $1,423,000

    $1.27M - $1.58M

    $2,692/mo

    Zestimate® history
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    $8,481/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: July 16, 2025 at 01:24pm

    Listing Provided by:

    Brett Lyon DRE #01717818 3107801899,

    Lyon Stahl Investment Real Estate, Inc.,

    Duncan Backus DRE #02090171,

    Lyon Stahl Investment Real Est

    Bought with:

    Brett Lyon, DRE #01717818

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB25030929MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,008
    • Total interior livable area: 5,008 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Carport
    • Carport spaces: 8
    • Uncovered spaces: 3
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,119 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 4049014015
    • Zoning: HAR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking
    Location
    • Region: Hawthorne

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    7/16/2025Sold$1,350,000-6.9%$270/sqft
    Source: CRMLS #SB25030929
    5/1/2025Pending sale$1,450,000+871.2%$290/sqft
    Source: CRMLS #SB25030929
    8/29/2006Sold$149,300$30/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$6,652 +8.6%$419,055 +2%
    2024$6,128 +3.4%$410,840 +2%
    2023$5,928 -1.1%$402,785 +2%

    Find assessor info on the county website

    Neighborhood: North Hawthorne

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,423,000

    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

    $1,423,000