12507 Kornblum Avenue

Hawthorne, CA 90250

$1,380,000
Last Sold Price
9
Beds
6
Baths
4,968 Sq. Ft.
$278 / Sq. Ft.
4,968
Sq. Ft.
$278
per Sq. Ft.

Property Details for 12507 Kornblum Avenue

StatusSold
MLS #19478286
Year Built1964
DOM35
Compass TypeTownhouse
MLS TypeResidential Income / Fourplex
Lot Size0.15 AC / 6,751 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Miho Groia

Atlas Commercial Real Estate Corporation

miho.groia@gmail.com

P: 323.203.7754

M: 323.203.7754

DRE #02022218

Contact Agent(s)

Property Details for 12507 Kornblum Avenue

Area
North Hawthorne (108)
Parking Spaces Total
4
Pool
No
Cooling Type
Ceiling Fan(s)

Description

Features: 4 PLEX TOWNHOUSE STYLE NON-RENT CONTROL in HOT HAWTHORNE MARKET Under market rents Great rental upside Located near SpaceX, Ring, The new NFL Stadium, Forum, LAX and many other shopping dining and retail locations ONSITE OWNED LAUNDRY for an additional source of INCOME FOUR CARPORTS and STORAGE Please do not disturb tenants. Drive by only.

Location

Listing Courtesy of Atlas Commercial Real Estate Corporation, Miho Groia, DRE #02022218

Building Information for 12507 Kornblum Avenue

Stories2Residences4Year Built1964Building Size-Lot Size0.15 AC / 6,751 SF

Payment Calculator

$4,964 per month

30 year fixed, 3.51% Interest

Principal and Interest

$4,964

Property Taxes

HOA Dues

$0

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Property Information for 12507 Kornblum Avenue

Property Features
    Interior Features
  • Appliances: Refrigerator
  • Bathroom Features: Double Vanity(s), Shower and Tub, Shower Over Tub
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • Cooking Appliances: Range Hood, Gas/Electric Range
  • Flooring: Carpet, Laminated
  • Heating Fuel: Wall Gas
  • Heating: Wall Gas
  • Laundry Locations: Community
  • Stories: Two Level
    Exterior Features
  • Pool Descriptions: No Pool
    Parking Info
  • Parking Features: Built-In Storage
Community/Development / Location Info
    School/Location Info
  • County: Los Angeles
  • Driving Directions: via I-405 S/San Diego Fwy to Inglewood. Take exit 3 from I-105 E. Continue on S Prairie Ave. Drive to Kornblum Ave in Hawthorne.via I-405 N and I-110 N/Harbor Fwy to W El Segundo Blvd in Los Angeles. Take exit 13 from I-110 N/Harbor Fwy. Follow W El Segundo Blvd to Kornblum Ave in Hawthorne.
    Association Information
  • Association/HOA: No
Income / Expense / Tax / Assessment Details
    Income Details
  • Actual Annual Gross Rent: $90,600
  • Actual Gross Annual Income: $87,882
  • Adjusted Gross Income: $113,040
  • Cap Rate: 5.1
  • Gross Operating Income: $109,649
  • Gross Rent Multiplier: 12.83
  • Net Operating Income: $83,024
  • Owner Pays: Water
    Expense Details
  • Expense Total Annual: $26,625
    Assessment Info
  • Assessed Improvement Value: $326,441
  • Assessed Land Value: $355,531
Land/Lot Info
    Land/Lot Info
  • Lot Size Source: Vendor Enhanced
  • Lot Size SQFT: 6751
  • Tax Parcel Number: 4049003052
  • Zoning: HAR3YY
Structure Info
    Structure Info
  • ADA Compliant: Yes
  • Units Total In Complex: 4
  • Building Permit: Yes
  • Number Of Buildings: 1
  • Paved: Yes
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Square Footage Source: Vendor Enhanced
  • Total Floors: 2
  • Has Water Heaters: Yes
  • Year Built: 1964
Unit Information
    Unit 1 Info
  • Unit Furnished 1: Unfurnished
  • Unit Monthly Rent 1: $2,700
  • Unit Number Of Bath 1: 1.5
  • Unit Number Of Bed 1: 3.0
  • Unit Projected Total Monthly Rent 1: $32,400
  • Unit Total Monthly Rent 1: $30,000
  • Unit Type 1: 1.0
    Unit 2 Info
  • Unit Furnished 2: Unfurnished
  • Unit Monthly Rent 2: $2,200
  • Unit Number Of Bath 2: 1.5
  • Unit Number Of Bed 2: 2.0
  • Unit Projected Total Monthly Rent 2: $26,400
  • Unit Total Monthly Rent 2: $19,200
  • Unit Type 2: 1.0
    Unit 3 Info
  • Unit Furnished 3: Unfurnished
  • Unit Monthly Rent 3: $2,200
  • Unit Number Of Bath 3: 1.5
  • Unit Number Of Bed 3: 2.0
  • Unit Projected Total Monthly Rent 3: $26,400
  • Unit Total Monthly Rent 3: $21,000
  • Unit Type 3: 1.0
    Unit 4 Info
  • Unit Furnished 4: Unfurnished
  • Unit Monthly Rent 4: $2,200
  • Unit Number Of Bath 4: 1.5
  • Unit Number Of Bed 4: 2.0
  • Unit Projected Total Monthly Rent 4: $26,400
  • Unit Total Monthly Rent 4: $19,200
  • Unit Type 4: 1.0
    Unit 5 Info
  • Unit Furnished 5: Partially
    Unit 6 Info
  • Unit Furnished 6: Partially
    Unit 7 Info
  • Unit Furnished 7: Partially
    Unit 8 Info
  • Unit Furnished 8: Partially
    Unit 9 Info
  • Unit Furnished 9: Partially
    Unit 10 Info
  • Unit Furnished 10: Partially
    Unit 11 Info
  • Unit Furnished 11: Partially
    Unit 12 Info
  • Unit Furnished 12: Partially
    Unit 13 Info
  • Unit Furnished 13: Partially

Property History for 12507 Kornblum Avenue

DateEvent & SourcePriceAppreciation
Aug 20, 2019Sold (Public Records)

Public Record #651071537

$1,380,000

+13.7% / yr

Aug 20, 2019Sold

CARETS #19478286

$1,380,000
Jul 18, 2019Pending

CARETS #19478286

DateEvent & SourcePrice
08/20/2019
Sold (Public Records)

Public Record #651071537

$1,380,000

+13.7% / yr

08/20/2019
Sold

CARETS #19478286

$1,380,000
07/18/2019
Pending

CARETS #19478286

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12507 Kornblum Avenue

Taxable ValueLand$355,531Additions$326,441Total$681,972
Tax Record2018$9,250
Home Facts
Beds8Finished Sq.Ft.4,968 SqFtLot Size6,751 SqFtStyleQuadraplexYear Built1964Year Renovated1964ZoningHAR3YYCountyLOS ANGELES

Schools near 12507 Kornblum Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Kornblum SchoolPublicK-50.2 mi
4
South Bay Lutheran High SchoolPrivate7-120.8 mi
NR
St. Joseph Elementary SchoolPrivatePK-80.9 mi
NR
Bud Carson Middle SchoolPublic6-80.9 mi
5

Kornblum School

K-5, 0.2 mi, Public

4

South Bay Lutheran High School

7-12, 0.8 mi, Private

NR

St. Joseph Elementary School

PK-8, 0.9 mi, Private

NR

Bud Carson Middle School

6-8, 0.9 mi, Public

5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Atlas Commercial Real Estate Corporation, Miho Groia, DRE #02022218
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