Hawthorne, CA 90250,12501 Kornblum AVE
See all 34 photos
Hawthorne, CA 90250,12501 Kornblum AVE
Hawthorne, CA 90250,12501 Kornblum AVE
Hawthorne, CA 90250,12501 Kornblum AVE
Hawthorne, CA 90250,12501 Kornblum AVE

$1,800,000

Est. payment /mo

$1,995,000

9.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

12501 Kornblum AVE Hawthorne, CA 90250

6,751 Sqft Lot

SOLD DATE : 06/11/2025

Key Details

Sold Price $1,800,000

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25035540

Sold Date 06/11/25

HOA Y/N No

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

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 1.0

Carport Spaces 12

Garage Description 1.0

Pool None

Community Features Biking

Total Parking Spaces 13

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4049003053

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


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

Brad Schmett

CEO / President | License ID: 01275226

+1(760) 880-5845

GET MORE INFORMATION

Name
Phone*
Message