12533 Kornblum Avenue, Hawthorne, CA 90250

About this property

Prime investment opportunity located just 3 blocks away from SpaceX headquarters and 3.1 miles from the new $2B NFL Stadium development!!! Perfect upleg for a 1031 exchage! The subject property has an outstanding unit mix of one 4 bed/ 3 bath townhouse style unit, eight 2 bed/ 2 bath units and six 1 bed/ 1 bath units . The spacious units feature ceiling fans, vinyl flooring, and walk-in closets. Additionally, the building has copper plumbing throughout, individual water heaters and is individually metered for gas/electricity. The entire first level of the building serves as a parking garage with 26 parking spaces. There is also an onsite laundry room available for tenant's convenience. With effective management, property has a huge potential upside in rents with over 30%(+/-).

Listing description from the June 2017 sale, as reported to CRMLS.

Sale history

$3,275,000

Sold June 2017 · listed $3,495,000, orig. $3,750,000, on market September 2016 · MLS #SB16708559 · Source: CRMLS

Listing Agent: Josh Cohen · Listing Office: Keller Williams Beach Cities · Contact: 310-376-4600 · Bought with: Josh Cohen · Keller Williams Beach Cities

$2,100,000

Sold March 2015 · listed $1,995,000, on market November 2014 · MLS #SB14240134 · Source: CRMLS

Listing Agent: Thomas Maxim · Listing Office: Richard L. Peterson, Broker · Contact: 310-378-0607 · Bought with: Josh Cohen · Josh Cohen

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