Hawthorne, CA 90250,14036 Kornblum Ave
Hawthorne, CA 90250,14036 Kornblum Ave
Hawthorne, CA 90250,14036 Kornblum Ave
9
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$1,095,000
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8 Beds
4 Baths
3,399 SqFt
New

14036 Kornblum Ave Hawthorne, CA 90250

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,399 sqft

Price per Sqft $322

MLS Listing ID 25538919

Bedrooms 8

Year Built 1957

Lot Size 0.270 Acres

Acres 0.2705

Property Sub-Type Multi-Family

Property Description

14036 Kornblum is the perfect deal for an ambitious developer, investor, or owner-user. This four unit property in Hawthorne sits on a large 11,779 square foot lot with R4 zoning. Just two properties south sits a similar sized lot with the blueprint for what may be possible! As the property is now, it consists of (1) 3 bedroom unit, (1) 2 Bedroom house, and (2) 2 bedroom apartment units. There is a tremendous amount ofupside in the property, in terms of rental upside as well as utilizing the land to it's highest and best use. Rents are approximately 254% under market, and an imaginative Buyer may see a creative solution in the unused lot space. The Hawthorne area has always been a traditionally strong rental market, and many companies such as SpaceX and Ring (bought by Amazon) have been steadily increasing their footprint in the area. 14036 Kornblum presents a terrific opportunity for many types of investors: either as a possible re-development, as a live-in investment in the standalone house, or simply capturing the tremendous upside by turning units.

Location

State CA

County Los Angeles

Area East Hawthorne

Zoning HAR4*

Rooms

Other Rooms Other

Interior

Heating Central

Cooling None

Equipment Other

Exterior

Parking Features Garage Is Detached

Garage Spaces 8.0

Building

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Realty

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agent

Oscar Veloz

Realtor | RE.S.0184836

+1(702) 901-1855

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14036 Kornblum Ave