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12527 Cranbrook Avenue

Hawthorne, 90250

7 Bd
6 Ba
3,847 Sqft
6,724 Lot
$1,235,000 SOLD Price | Closed 8/8/24
Closed Status
75 Days on Market
Mar 13 First Day Active
$1,350,000 Start Price

Description

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.

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Property Details for 12527 Cranbrook Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Nabil Awada
Listing Brokered By
Matthews Real Estate Investment Services
Type
Residential Income
Year Built
1941
MLS Area
110 - East Hawthorne

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
75 DOM
First Date Active
March 13th, 2024
Closing Date
August 8th, 2024
Sold Price
$1,235,000
Sold PPSF
$321
Orig. List Price
$1,350,000
MLS® #
24368225
APN
4049004053
Special
Standard

Home Interior Information

Levels/Stories
Two
Bedrooms
7
Total Baths
6
Int. Sqft.
3,847

Exterior Information

Lot Size (sq. ft.)
6,724
Lot Size (acres)
0.15
Parking Spaces
6

Additional Information

Zoning
HAR3YY

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
110 - East Hawthorne
City/State
Hawthorne
Zip Code
90250
County
Los Angeles
# of Units
4
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Listing/Price History

12527 Cranbrook Avenue, Hawthorne, (MLS® #24368225)

Date Details Price Change
Closed $1,235,000
Pending
Active
Price Reduced (from $1,350,000) $1,295,000 $55,000 (4.07%)
Pending (from Active)
Show More (1)
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Listing Summary

Quick Summary of 12527 Cranbrook Avenue: This 7 Bedroom/6 Bathroom home in Hawthorne is priced at $1,295,000 ($337/PSF) . The 3,847 sqft. residence was originally built in 1941 and was listed on March 13th, 2024 at $1,350,000, showing 75 Days on Market currently. Contact Dave Fratello today for more information or to go see 12527 Cranbrook Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of August 14th, 2024 at 10:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.