12512 CRANBROOK Avenue, Hawthorne, CA 90250

About this property

Hawthorne is one of the last non-rent control cities in Los Angeles County and was voted by forbes as one of the best places to buy rental properties in 2019. Strong rents and renovated units. The building's gross monthly income is $9,000/month.Three units feature new countertops, stainless steel appliances, new cabinets and vinyl flooring. There is new electrical panel, new paint, and new landscaping.Located in a terrific North Hawthorne market, the building lies on the end of a cul-de-sac street surrounded by single family homes and smaller apartments. Built in 1964, the asset consists of two two-bedroom /one and a half-bathroom townhome units and two four-bedroom / two-bathroom townhome units. There is a common area washer/dryer (owned), six covered parking spaces and all units are individually metered for electricity.

Listing description from the April 2019 sale, as reported to CRMLS.

Sale history

$1,490,000

Sold April 2019 · listed $1,525,000, on market March 2019 · MLS #19441974 · Source: CRMLS

Listing Agent: Elliot Hassan · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Austin Chen · Keller Williams Beverly Hills

$1,150,000

Sold July 2017 · listed $980,000, on market June 2017 · MLS #17243578 · Source: CRMLS

Listing Agent: Ike Obasi · Listing Office: First Vision Real Estate and F · Contact: 310-649-2028 · Bought with: Ike Obasi · First Vision Real Estate and F

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