Description
We are pleased to present 12612 Kornblum Ave in the owner friendly area of Hawthorne, CA at a list price of $2,150,000. This property boasts
seven units which consist of six one bedroom/one bath units and one huge 3 bedroom/2.5 bath unit which will be delivered vacant at the close of
escrow. This make-up could either be for the traditional investor or possibly an owner-user. Also, another major positive of this property is it's 80's
construction (1986 to be exact). The owner has maintained it well and has made several renovations during his tenure. The property is currently
operating at a 4.76% CAP and a 13.8 GRM with the opportunity to increase rents. Additionally, there is ADU potential. The property has carports
for each unit and the owner can increase rents 10% every year due to its Hawthorne location.
Location
Similar Listings
$2,447,500
2 Beds
3 Baths
MLS# 23268427
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Listing Agent: Stephen Takahashi
Listing Office: Lyon Stahl Investment Real Estate, Inc.
Attribution contact: 310-425-9838
