Detailed Introduction Of This Home
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 & (3) 1bed+1bath units. Three units to be delivered vacant, (1) 4bed/2bath & (2) 1bed units will be delivered vacant. 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. The City of Hawthorne is flourishing with new construction and developments. SpaceX, Tesla, & Ring all have campuses in the area. The property is also located a short drive away from SoFi Stadium, LAX, and the beach.