12501 Kornblum Avenue

Hawthorne, CA 90250

$1,995,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

1987

calendar_month Built

Property Description

Nestled in a residential pocket of Hawthorne, this large 7-unit apartment property presents an exceptional investment for a seasoned owner or exchange buyer. Offering a strong unit mix, the building features80s construction, (6) 2-bedroom/1-bath units and (1) spacious 3-bedroom/2-bath townhome-style unit. The property boasts 15 total parking spaces, including 1 garage and 12 carport spaces, along with shared laundry facilities. With a 3.94% CAP rate and 14.46 GRM, the building generates strong current income, while a 47% rental upside offers significant long-term potential with a 7.04% market CAP and 9.83 market GRM. Strategically located across the street from SpaceX, the property benefits from a prime location with easy access to major employers, retail, and dining.

Listing Information

List Price $1,995,000
Status Active
MLS SB25035540
Type Residential Income
Subtype Mixed Use
Year Built 1987
Lot Size 6,752
Structure Size N/A
DOM 1
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Brett Lyon DRE#01717818
Co-Listing Agent Woody Stahl DRE#01399621

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Maps

Listing information courtesy of: Brett Lyon, Woody Stahl, Lyon Stahl Investment Real Estate, Inc. 310-706-4066. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 18th, 2025 at 9:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.