Property
Listing Agent: Nabil Awada (DRE #02046840) · Listing Office: Matthews Real Estate Investment Services · Contact: 866-889-0550 · Bought with: Jake Glaser · Lyon Stahl Investment Real Estate, Inc. · MLS #24368225 · Source: CRMLS
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.
Listing description from the August 2024 sale, as reported to CRMLS.