12701 Cranbrook Avenue

Hawthorne, CA 90250

$1,250,000
Price
8
Beds
6
Baths
4,170 Sq. Ft.
$300 / Sq. Ft.
4,170
Sq. Ft.
$300
per Sq. Ft.

Description

Large 5-unit apartment building in high demand rental area of City of Hawthorne. Carport at rear of property and common laundry room.Large 5-unit apartment building in high demand rental area of City of Hawthorne. Carport at rear of property and common laundry room.
  1. Listed by Robert Compean • DRE #01001161 • Brokerage DRE #02035824 • Urban Street Ventures, Inc • 7149368900

Property Details for 12701 Cranbrook Avenue

Parking Spaces Total
5
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4170
Assessor Parcel Number
4049-014-018
Property Attached YN
true
LISTING UPDATED: 11/19/2024 09:02 AM

Property Details for 12701 Cranbrook Avenue

StatusActive
MLS #PW24169449
Days on Market87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
CountyLos Angeles County

Building Information for 12701 Cranbrook Avenue

Building/Complex12701 Cranbrook AveFloor-Stories2Residences-Pet Policy-Year Built1941Building Size-

Property Information for 12701 Cranbrook Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $106,800
  • Gross Scheduled Income: $106,800
  • Vacancy Allowance: 3204
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $103,596
  • Net Operating Income: $72,664
  • Laundry Income: $480
  • Gross Multiplier: 11.0
  • Cap Rate: 6.1
Expense Details
  • Operating Expense: $30,932
  • New Taxes Expense: $14,520
  • Gardener Expense: $1,020
  • Fuel Expense: $1,080
  • Electric Expense: $532
  • Insurance Expense: $5,100
  • Professional Management Expense: $0
  • Trash Expense: $4,056
  • Water Sewer Expense: $4,624
  • Total Expenses: $30,932
Tax / Assessment Info
  • Tax Block: 11
  • Tax Tract Number: 9681
  • Tax Census Tract: 6025.13
  • CFD/Mello-Roos Fee: $1,582
  • Tax Lot: 18
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Entry Location: front door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: See Remarks
  • Sewer: Public Sewer
  • Water Source: See Remarks
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 5
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 12701 Cranbrook Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12701 Cranbrook Avenue

Taxable ValueLand$795,000Additions$500,000Total$1,295,000
Tax Record2024$17,237 ($1,436 / month)
Home Facts
Total Finished SqFt4,170 SqFtAbove Grade Finished SqFt4,170 SqFtLot Size6,687 SqFtStyleMulti-Family Res (5+ Units)Year Built1941ZoningHAR3YYCountyLOS ANGELESAPN4049-014-018

Schools near 12701 Cranbrook Avenue

This home is within Centinela Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kornblum School
PublicK to 5

Bud Carson Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Leuzinger High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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12701 Cranbrook Avenue is a multi-family home for sale in Hawthorne, CA 90250. This property was listed for sale on August 15, 2024 by Urban Street Ventures, Inc, it's currently listed at $1,250,000. It has been on the market for a total of 87 days and was last sold on August 30, 2023. This listing's school districts are Centinela Valley Union High School District, Hawthorne School District. Nearby schools include Kornblum School, Bud Carson Middle School and Lawndale High School. 12701 Cranbrook Avenue is a 8-bed, 6-bath, 4,170 sqft multi-family home built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Urban Street Ventures, Inc, Robert Compean, DRE #01001161

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.