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...
- 647 m²
- Exterior
- Residential Income
- Property type
- 1987
- Year Built
- SB25035540
- Web Id
- SB25035540
- MLS ID
- 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
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
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