13811 Kornblum Avenue

    Hawthorne, CA 90250
    • $2,250,000
    • STATUS: Active
    • ON SITE: 154 days
    • ID#: CV18089306
    UPDATED: 48 min ago
    $2,250,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,662
      SQFT
    • $338
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Back on the market. Price drop!! Great investment opportunity. Check the comps. 6 units. Each unit with its own address and meters. No rent control. Perfect for 1031 Construction Exchange. Seller will not finance.R-3. Massive Lot. Endless opportunities. Investor's dream. 5% cap rate. Valuation of $2.3 million. Possible annual 8%+ ROI without redevelopment. Don't sleep on this one!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-20T21:30:35.917. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/82726695

    13811 Kornblum Avenue Hawthorne, CA 90250

    • Price: $2,250,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: CV18089306
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    6,662
    SQFT
    $338
    $/SQFT
    1961
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Back on the market. Price drop!! Great investment opportunity. Check the comps. 6 units. Each unit with its own address and meters. No rent control. Perfect for 1031 Construction Exchange. Seller will not finance.R-3. Massive Lot. Endless opportunities. Investor's dream. 5% cap rate. Valuation of $2.3 million. Possible annual 8%+ ROI without redevelopment. Don't sleep on this one!
    Exterior Features

    Garage Spaces 10.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 20.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Gas & Electric Dryer Hookup Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 103600.00 Gross Scheduled Income 117600.00 Insurance Expense 3514.00 Land Lease YN No Laundry YN Yes Net Operating Income 113336.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Number Of Units Leased 6 Operating Expense 4264.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Actual Rent 117600.00 Total Expenses 4264.00 Trash Expense 750.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Har3yy

    Listing provided courtesy of David Ha of Vista Pacific Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-20T21:30:35.917. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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