14024 Kornblum Avenue, Hawthorne, CA 90250
- $2,325,000
- $313
- $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
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Address: 14024 Kornblum Avenue
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City: Hawthorne
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State/county: CA
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Zip/Postal Code: 90250
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Area: 110 - East Hawthorne
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Country: United States
Details
Updated on September 9, 2024 at 9:33 pm-
Property ID SGR-33742026
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Price $2,325,000
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Property Size 7419.00 m²
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Land Area 23835.00 m²
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Bedrooms 16
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Bathrooms 8
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Garages 8.00
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Year Built 1930
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Property Type Residential Income
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Property Status For Sale
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Living Area 7419.00
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MLS# 24426617
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Office Name SHIELD CRE, INC.
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Agent Name Jonathan Nikfarjam
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01856803
Additional details
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County Los Angeles
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Parking 8.00
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