12501 Kornblum Avenue
Hawthorne, CA 90250
Active for $1,995,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,752 sqft
| MLS | SB25035540 |
| Year Built | 1987 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active |
| Active | $1,995,000 |
| Structure Size | N/A sqft |
| Lot Size | 6,752 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Brett Lyon, Lyon Stahl Investment Real Estate, Inc. 310-706-4066. *Based on information from the Association of REALTORS/Multiple Listing as of 02/21/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
KoKo Partamian
REALTOR®
Direct: 818.517.3827
Email: Email Me
DRE: 01714982
DRE #01873088
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