Sold
Closed
14024 Kornblum Avenue
Hawthorne CA, 90250
$2,335,000
$314.73 per sqft
Sold
Closed
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
December 5, 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 |
|---|---|---|
10/28/2024 | Sold | $2,335,000 |
9/10/2024 | Under contract | — |
Listing Contact: 310-593-9869
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Data last updated on 12/5/2024 at 5:17 AM UTC