Hawthorne, CA 90250,14024 Kornblum Ave
Hawthorne, CA 90250,14024 Kornblum Ave
Hawthorne, CA 90250,14024 Kornblum Ave
17
$2,335,000
$2,325,000
0.4%
Est.Price: ?

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16 BD
8 BA
7,419 SqFt

14024 Kornblum Ave Hawthorne, CA 90250

Est. payment /mo
SOLD DATE : 10/25/2024

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Key Details

Sold Price $2,335,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,419 sqft

Price per Sqft $314

MLS Listing ID 24-426617

Bedrooms 16

Year Built 1930

Annual Tax Amount $29,062

Lot Size 0.547 Acres

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

Parking Features Garage

Garage Spaces 8.0

Building

Story 1

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Shield CRE, Inc.
Bought with Sotheby's International Realty

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Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

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