13102 Kornblum Avenue, Hawthorne, CA 90250
- $780,000
- 2,740
- SqFt
- Sold Price
- $780,000
- List Price
- $810,000
- Closing Date
- Jun 20, 2019
- Status
- CLOSED
- MLS#
- SB19081501
- Year Built
- 1959
- Living Sq. Ft
- 2,740
- Lot Size
- 10,168
- Acres
- 0.2334
- Lot Location
- No Landscaping
- Days on Market
- 22
- Property Type
- Multifamily
Property Description
Looking for a smart investment? This Hawthorne triplex offers great potential. With a projected cap rate over 4%, there's still room for improvement. Two of the units are well below market rents. All leases are month to month. The two units in the front each have 2 bedrooms, 1 bathroom, and laundry hookups. They are separated by two 1-car garages so there are no shared living walls. The detached back house is a 3 bedroom, 2 bathroom with fireplace, laundry hookups, and small backyard. It has an attached 2 car garage. There's a recently replastered swimming pool that separates the back house from the front units. It's fenced in and is a fantastic feature to attract tenants as we experience hotter and hotter weather. This is an R3 lot and large enough to conceivably build 4 townhomes in the future; check with the city for viability. Buyer to cooperate with seller's 1031 exchange.
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Additional Information
- Tract Number
- 874
- Lot Description
- Sidewalks
- Pool Description
- Community, Fenced
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Total Number of Units
- 3
Mortgage Calculator
Listing courtesy of Amy Cimetta from Vista Sotheby’s Realty
Listing sold by Amy Cimetta from Vista Sotheby’s Realty
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.