13026 Kornblum Avenue Hawthorne, CA 90250
The subject property is a 13 unit multi-family property located in the City of Hawthorne at 13026 Kornblum Avenue, approximately 1 block south of El Segundo Blvd and 4 blocks east of Prairie Avenue. The unit mix consists of 12-1BR/1BA (HUGE) and 1-2BR/1.5BA. Total building square footage is 9,722 and sits on a 11,025 sq ft lot. The construction is newer, for South Bay standards, as the property was built in 1984 and is a three story with an attractive layout. There is ample tuck under parking in addition to rear garages and there is also onsite laundry (leased machines.) Additionally, the property is separately metered for gas and electricity and also has separate water heaters. The walkways were resurfaced in 2006, the roof was replaced in 2001, and the plumbing is all copper. There is approximately 25% upside from current rents for a new owner to take advantage of, at stabilized market rents the property can provide a 5% cash on cash return for the new owner. 13026 Kornblum Avenue is located approx 1 mile from Space X, close to the new LA Rams Stadium Hollywood Park Redevelopment and .2 miles from the DMV and Kornblum school., 1 East of Prairie Avenue and South of El Segundo Blvd
Interior Features Include:No Information Available.
Exterior Features Include:
Acreage: 0.2500 Acres
Lot: Lot 6500-9999
Parking Spaces 15.00
Garage Capacity: 15
Other Features Include:
Community Features Urban
Total Expenses 60189.00
Separate Gas Meters 13
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