Apartments For Sale • 3,847 SF
| 12527 Cranbrook Avenue offers the opportunity to acquire a fully renovated, turnkey seven unit multifamily asset in a strong rental pocket of Hawthorn |
| Strong Day One Returns – 6.86% in place cap rate and 10.41 GRM at the $2,295,000 asking price |
| Attractive and Diverse Unit Mix – Includes a 4 bedroom 2 bath, spacious 2 bedroom units, three 1 bedroom units, and a studio |
| Washer Dryer in Every Unit – Premium amenity that supports higher rents and strong tenant retention |
| Prime Hawthorne Location Near Major Employers – Close proximity to SpaceX, Hawthorne Airport, Costco |
| Lease Up Opportunity at Market Rents – Currently vacant allowing an investor to capture full rental upside from day one |
| Cap Rate: | 6.86 % |
| Total Expenses: | $56,399 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 12 min | - | 6.5 mi |
| Long Beach (Daugherty Field) | 23 min | - | 15.7 mi |
| Bob Hope | 43 min | - | 30.0 mi |