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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,250,000

Est. payment - /mo

11 Beds

9 Baths

5,030 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,030 sqft

Price per Sqft $447

MLS Listing ID 26827257

Bedrooms 11

HOA Y/N No

Year Built 1941

Lot Size 6,725 Sqft

Property Description

6 of 7 Units Leased! Real 7.22% Cap Rate. Property is equipped with a Ratio Utility Billing System (RUBS), allowing for the allocation and reimbursement of utility expenses by tenants. 12527 Cranbrook Avenue offers the opportunity to acquire a fully renovated, occupiedseven unit multifamily asset in a strong rental pocket of Hawthorne. Originally built in 1950 and completely repositioned in 2026, the property totals 5,030 net rentable square feet and consists of fourprimary units and three ADUs. The unit mix includes (1) 4 bedroom 2 bath unit, (1) 2 bedroom 1.5 bath townhome style unit, (1) 2 bedroom 1bath, (3) 1 bedroom 1 bath units, and (1) studio. All units feature in unit washer and dryer, modern interior finishes, and access to multiple onsite parking spaces. The property is fully occupied with market rents from day one and achieving a 7.22% cap rate and 10.47 GRM at the $2,250,000 asking price. The asset is ideally located near major employment driversincluding SpaceX and Hawthorne Airport and within close proximity to Costco, retail, dining, and entertainment amenities, supportinglong term tenant demand. 12527 Cranbrook Avenue represents a low maintenance, pride of ownership investment that delivers new construction quality without the development timeline, combined withthe scalability of a seven unit property in a high growth South Bay submarket.

Location

State CA

County Los Angeles

Area 110 - East Hawthorne

Zoning HAR3YY

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Uncovered

Total Parking Spaces 3

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4049004053

Special Listing Condition Standard

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Listed by David Saghian Lyon Stahl Investment Real Estate, Inc. #01992252

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12527 Cranbrook AVE Hawthorne, CA 90250