Under contract
Active Under Contract
14024 Kornblum Avenue
Hawthorne CA, 90250
$2,325,000
$313.38 per sqft
Under contract
Active Under Contract
16 Beds
8 Baths
7,419 sqft
Residential
Built in 1930
Listed by Jonathan Nikfarjam with Shield CRE, Inc. 310-593-9868
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
24426617
MLSⓇ ID
August 12, 2024
Listed
October 17, 2024
Updated
Map
14024 Kornblum Avenue
Hawthorne CA, 90250
Interior Features
Total Stories
1
Bedrooms
16
Total Bathrooms
8
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.55 Acres
Other Property Details
Area Name
110 - East Hawthorne
Days on Market
29
Garage
Yes
Garage Spaces
8
Parking
Garage
Parking Total
8
View
No
County
Los Angeles
Pool
No
Zoning
HAR4*
Listing History
Date | Event | Price |
|---|---|---|
9/10/2024 | Under contract | — |
Listing Contact: 310-593-9869
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/17/2024 at 9:57 AM UTC