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Key Details
Sold Price $1,750,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,912 sqft
Price per Sqft $253
MLS Listing ID SB-25122310
Sold Date 07/25/25
Year Built 1966
Lot Size 8,631 Sqft
Property Sub-Type Apartment
Property Description
We are proud to present 12532 Cranbrook Ave, a compelling multifamily investment opportunity located in the rapidly growing city of Hawthorne, CA. Just minutes from major employment and lifestyle hubs like SpaceX, Manhattan Beach, SoFi Stadium, and LAX, this property is ideally positioned for both tenant demand and long-term appreciation. Priced at only $260 per square foot, it offers exceptional value in today's market. With over 40% rental upside and ready-to-pull permits for an ADU, investors have a unique chance to boost both income and equity through strategic improvements. This is a rare opportunity to secure a well-located asset with immediate and future potential in a high-growth submarket.
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Interior
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 7.0
Pool None
Community Features Sidewalks, Urban
Building
Lot Description Rectangular Lot
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900