17
  • Property Type
  • Residential Income
  • 16
  • Bedrooms
  • 8
  • Bathrooms
  • 8.00
  • Garages
  • 7419.00 m²
  • Area Size
  • 1930
  • Year Built
14024 Kornblum Avenue, Hawthorne, CA 90250
  • $2,325,000
  • $313

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

  • Address: 14024 Kornblum Avenue
  • City: Hawthorne
  • State/county: CA
  • Zip/Postal Code: 90250
  • Area: 110 - East Hawthorne
  • Country: United States

Details

Updated on September 9, 2024 at 9:33 pm
  • Property ID SGR-33742026
  • Price $2,325,000
  • Property Size 7419.00 m²
  • Land Area 23835.00 m²
  • Bedrooms 16
  • Bathrooms 8
  • Garages 8.00
  • Year Built 1930
  • Property Type Residential Income
  • Property Status For Sale
  • Living Area 7419.00
  • MLS# 24426617
  • Office Name SHIELD CRE, INC.
  • Agent Name Jonathan Nikfarjam
  • MLS Status Active
  • Living Area Prefix Sqft
  • Agent State License 01856803

Additional details

  • County Los Angeles
  • Parking 8.00

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Sankofa Global Realty
  • Sankofa Global Realty

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