Overview
- Residential Income
- 16
- 8
- 8.00
- 7419.00
- 1930
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
Open on Google Maps- 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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