7-Unit Turnkey Multifamily in Hawthorne 12527 Cranbrook Ave 7 Unit Apartment Building $2,295,000 ($327,857/Unit) 6.86% Cap Rate Hawthorne, CA 90250

12527 Cranbrook Avenue offers the opportunity to acquire a fully renovated, vacant seven unit multifamily asset in a strong rental pocket of Hawthorne. Originally built in 1950 and completely repositioned in 2026, the property totals 5,030 net rentable square feet and consists of four primary units and three ADUs. The unit mix includes (1) 4 bedroom 2 bath unit, (1) 2 bedroom 1.5 bath townhome style unit, (1) 2 bedroom 1 bath ADU, (3) 1 bedroom 1 bath units, and (1) studio. All units feature in unit washer and dryer, modern interior finishes, and access to three on site parking spaces and three EV chargers. The property is currently vacant and in lease up, providing an investor the ability to set market rents from day one and achieve a projected 6.86% cap rate and 10.41 GRM at the $2,295,000 asking price.
The asset is ideally located near major employment drivers including SpaceX and Hawthorne Airport and within close proximity to Costco, retail, dining, and entertainment amenities, supporting long term tenant demand. In addition to strong in place returns, a new owner has the ability to implement a RUBS program to further enhance income and operational efficiency. 12527 Cranbrook Avenue represents a low maintenance, pride of ownership investment that delivers new construction quality without the development timeline, combined with the scalability of a seven unit property in a high growth South Bay submarket.