$2,325,000
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14024 Kornblum Avenue Hawthorne, CA 90250
Cluster
Residence
16
Beds
8
Baths
...
Bed/Bath
7,419
Sq. Ft.
Property Activity
Time on Site
days
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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 S...ubpanels 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
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MLS#
24426617
Property Type
Cluster
Bedrooms
16
Bathrooms
Year Built
1930
Square Feet
7,419
sq. ft
Lot Size
0.55
Stories
1.0
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