Hawthorne, CA 90250,12501 Kornblum AVE
Hawthorne, CA 90250,12501 Kornblum AVE
Hawthorne, CA 90250,12501 Kornblum AVE
34
$1,800,000
$1,995,000
9.8%
Est.Price: ?

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6,751 Sqft Lot

12501 Kornblum AVE Hawthorne, CA 90250

Est. payment /mo
SOLD DATE : 06/11/2025

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Key Details

Sold Price $1,800,000

Property Type Residential Income

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25035540

Year Built 1987

Lot Size 6,751 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Los Angeles

Area 110 - East Hawthorne

Zoning HAR3YY

Interior

Laundry Common Area

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Biking

Building

Lot Description 6-10 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc. 3107801899
Bought with Brett Lyon Lyon Stahl Investment Real Estate, Inc.

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Stacy Braglia

Stacy Braglia

REALTOR® | License ID: 01303104

+1(951) 295-5477

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