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$1,295,000   Price Analysis
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12527 Cranbrook Ave
Hawthorne, CA 90250
7 bed 6 bath 3,847 SqFt ($336/SqFt)
6,724SqFt lot. Built 1941
Listed 2024-03-14, Taxes $9,345
Ⓧ USDA Ineligible
due to price & location

near Hawthorne

JUST REDUCED We are pleased to present 12527 Cranbrook Ave in Hawthorne

* Sale Pending *

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 pr operty consists of (1) 4bed+2bath wner's unit, (1) 2bed+1.5bath townhouse and (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.


Presented by Nabil Awada at
Matthews Real Estate Investment Services.


Property MLS #24-368225 from TheMLSCLAW

Bedrooms: 7

Total Bathrooms: 6
Full Bathrooms: 6

Lot Size Acres: 0.1543618
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6724

Garage Description: Carport Detached
Parking Total: 6

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 2, 1 SquareFeet: 3850, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1900, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1900, 4 BedsTotal: 2, 4 BathsTotal: 1.5, 4 SquareFeet: 2400

Source Listing Status: Pending
County: Los Angeles
Cap Rate: 6.6
Directions: Northeast Hawthorne - North of El Segundo Blvd
Source Property Type: Residential Income
Area: East Hawthorne
Source Neighborhood: East Hawthorne
Parcel Number: 4049-004-053
Postal Code Plus 4: 4772
Zoning: HAR3YY
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$288,786 + $381,199
$669,985
$9,345
2021$283,124 + $373,725
$656,849
$9,216
2020$280,221 + $369,893
$650,114
$9,189
2019$323,216 + $366,311
$689,527
$8,904
2018$316,879 + $359,129
$676,008
$9,113
2017$310,666 + $352,088
$662,754
$8,727
2016$304,575 + $345,185
$649,760
$8,680
2015$254,995 + $336,593
$591,588
$7,909
2014$250,000 + $330,000
$580,000
$7,882
2013$360,668 + $443,900
$804,568
$10,194
2012$353,597 + $435,197
$788,794
$10,036
2010$346,664 + $426,664
$773,328
$9,400
2009$344,892 + $424,483
$769,375
$9,200
2009$344,074 + $423,476
$767,550
$9,200
2008$338,130 + $416,160
$754,290
$8,974
2007$331,500 + $408,000
$739,500
$8,801

Price Changed 2024-06-06
$1,295,000
TheMLSCLAW
Listed 2024-03-14
$1,350,000
TheMLSCLAW
Listing removed 2023-11-09
$0
CRMLS
Price Changed 2023-10-26
$1,295,000
CRMLS
Price Changed 2023-10-21
$1,305,000
CRMLS
Price Changed 2023-10-12
$1,315,000
CRMLS
Price Changed 2023-10-05
$1,325,000
CRMLS
Price Changed 2023-09-28
$1,335,000
CRMLS
Price Changed 2023-09-14
$1,345,000
CRMLS
Price Changed 2023-07-20
$1,355,000
CRMLS
Price Changed 2023-07-06
$1,365,000
CRMLS
Listed 2023-06-16
$1,375,000
CRMLS
Sold 2013-12-19
$471,000
Public Record
Sold 2013-12-10
$471,000
Public Record
Listing removed 2012-12-07
$579,000
ITECH
Listed 2012-10-01
$579,000
ITECH
Listing removed 2007-10-27
$850,000
ITECH
Listing removed 2007-09-17
$939,000
ITECH
Listed 2007-07-27
$850,000
ITECH
Listed 2007-04-17
$939,000
ITECH
Sold 2006-01-03
$725,000
Public Record
Sold 1997-12-23
$199,000
ITECH
Listed 1997-10-01
$199,000
ITECH
Sold 1994-07-28
$210,000
Public Record

Net Operating Income: 85506

Total Square Feet Living: 3847
Year Built: 1941
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 83
Year Built Source: Vendor Enhanced

Kornblum School is a public elementary school located approximately 0.2 miles away.
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Bud Carson Middle School is a public middle school located approximately 0.8 miles away.
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Leuzinger High School is a public high school located approximately 1.3 miles away.
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AD Astra School is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.