CA > Hawthorne
Hawthorne, CA 90250,14024 Kornblum Ave
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Hawthorne, CA 90250,14024 Kornblum Ave
Hawthorne, CA 90250,14024 Kornblum Ave
Hawthorne, CA 90250,14024 Kornblum Ave
Hawthorne, CA 90250,14024 Kornblum Ave
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Brandon Arlington

Brandon Arlington

+1(781) 385-0196
$ 2,325,000
Est. payment /mo
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Active Under Contract

14024 Kornblum Ave Hawthorne, CA 90250

16 Beds

8 Baths

7,419 SqFt

UPDATED:

09/10/2024 06:47 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,419 sqft

Price per Sqft $313

MLS Listing ID 24-426617

Bedrooms 16

Year Built 1930

Annual Tax Amount $29,062

Lot Size 0.547 Acres

Acres 0.5473

Property Description

8 Single-Story Units on Massive 23,835-SF Lot | Outstanding Opportunity to Add 2 ADUs or Redevelop Property to a 16-Unit Apartment | 8.13% Pro-Forma Cap Rate & 9.33 Pro-Forma GRM | 5.35% Current Cap Rate & 12.74 Current GRM | All 2-Bedroom/1-Bathroom Units | Upgraded Electrical Subpanels Assumable Loan of Approximately $1,039,600 at 3.60% Fixed Until July of 2026 | Located Approximately 1 Mile from SpaceX & Tesla Design Center and 3 Miles from SoFi Stadium & Intuit Dome (NBA Clippers Arena) | Recently Painted Property with New Water-Efficient Landscaping | No Local Rent Control - Defaults to AB 1482 | Ample Outdoor Space & Garage Parking for Tenants | Strong Neighboring Employment: Space X, Tesla, & Aerospace Defense Companies

Location

State CA

County Los Angeles

Area East Hawthorne

Zoning HAR4*

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Garage Garage

Garage Spaces 8.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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