United StatesCaliforniaHawthorneEast Hawthorne12501 Kornblum Avenue

12501 Kornblum Avenue 12501 Kornblum Avenue Hawthorne, California 90250 United States

$1,995,000
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Nestled in a residential pocket of Hawthorne, this large 7-unit apartment property presents an exceptional investment for a seasoned owner or exchange buyer. Offering a strong unit mix, the building features80s construction, (6) 2-bedroom/1-bath...

Lyon Stahl Investment Real Estate, Inc.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 3107801899
$1,995,000
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647 m²
Exterior
Residential Income
Property type
1987
Year Built
SB25035540
Web Id
SB25035540
MLS ID
Hawthorne Elementary
School District
68
days ago
This Property is Currently Contract Pending

About 12501 Kornblum Avenue

Nestled in a residential pocket of Hawthorne, this large 7-unit apartment property presents an exceptional investment for a seasoned owner or exchange buyer. Offering a strong unit mix, the building features80s construction, (6) 2-bedroom/1-bath units and (1) spacious 3-bedroom/2-bath townhome-style unit. The property boasts 15 total parking spaces, including 1 garage and 12 carport spaces, along with shared laundry facilities. With a 3.94% CAP rate and 14.46 GRM, the building generates strong current income, while a 47% rental upside offers significant long-term potential with a 7.04% market CAP and 9.83 market GRM. Strategically located across the street from SpaceX, the property benefits from a prime location with easy access to major employers, retail, and dining.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 3107801899

features

Parking
Car Port, Garage
Additional Listing Type
In Contract

PROPERTY INFORMATION

Community Info
Biking
Garage Info
1
Sewer
PublicSewer
Water
Public

EXTERIOR

Lot Description
SixToTenUnitsAcre

ADDITIONAL INFORMATION

Number of Units
7
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 3107801899

Lyon Stahl Investment Real Estate, Inc.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 3107801899
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