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13311 Kornblum Avenue

Hawthorne, CA 90250
  • $4,500,000
  • STATUS: Active Under Contract
  • ON SITE: 170 Days
  • ID#: 23326551
Under Contract
UPDATED: 212 min ago
$4,500,000
  • 31
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,080
    SQFT
  • $280
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Byron Field of Keller Williams Larchmont (323-762-2600)


Description

The subject property is a non-rent controlled 16-unit multi-family property in Hawthorne, CA. Built in 1963, the property consists of three one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit and 12 two-bedroom/one-and-a-half-bathroom townhouse style units with large balconies.. The building is separately metered for gas and electric and has covered parking. The Owner also bills back tenants for water the RUBS Program. The property has an on-site laundry facility and is nicely landscaped. The building has an interior courtyard and is well maintained, altogether yielding a good potential for upside in rent. Hawthorne is six square miles and is bounded by the cities of Inglewood, Redondo Beach, Lawndale, Gardena, Manhattan Beach and El Segundo. As of the 2010 Census, Hawthorne had a population of 84,293 people, 28,536 households, and 19,775 families. Its major employers include Northrop Grumman, SpaceX, OSI Manufacturing and Tesla Motors.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-18T19:25:09.463. 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 deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
www.bestorangecountyhomesearch.com/homes/144841109
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13311 Kornblum Avenue Hawthorne, CA 90250

  • Price: $4,500,000
  • Status: Active Under Contract
  • On Site: 170 Days
  • Updated: 212 min ago
  • ID#: 23326551
31
Beds
0
Baths
0
½ Baths
0.48
Acres
16,080
SQFT
$280
$/SQFT
1963
Built
Neighborhood:
110 - East Hawthorne
County:
Los Angeles
Area:
110 - East Hawthorne
Property Description
The subject property is a non-rent controlled 16-unit multi-family property in Hawthorne, CA. Built in 1963, the property consists of three one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit and 12 two-bedroom/one-and-a-half-bathroom townhouse style units with large balconies.. The building is separately metered for gas and electric and has covered parking. The Owner also bills back tenants for water the RUBS Program. The property has an on-site laundry facility and is nicely landscaped. The building has an interior courtyard and is well maintained, altogether yielding a good potential for upside in rent. Hawthorne is six square miles and is bounded by the cities of Inglewood, Redondo Beach, Lawndale, Gardena, Manhattan Beach and El Segundo. As of the 2010 Census, Hawthorne had a population of 84,293 people, 28,536 households, and 19,775 families. Its major employers include Northrop Grumman, SpaceX, OSI Manufacturing and Tesla Motors.
Exterior Features

Carport YN Yes Parking Features Carport Parking Total 16

Interior Features

Appliances Disposal Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.96 Gross Income 406128 Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 268578 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning HAR3YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-18T19:25:09.463. 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 deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
 
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Doherty Real Estate Group | eXp Realty of California, Inc.
26381 Crown Valley Pkwy
Mission Viejo CA, 92691
Listing Agent(s): Byron Field of Keller Williams Larchmont (323-762-2600)