14036 Kornblum Avenue new Save Request In-Person Tour Request Virtual Tour
Hawthorne,CA 90250
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,399 sqft
Price per Sqft $322
MLS Listing ID CL25538919
Bedrooms 5
HOA Y/N No
Year Built 1957
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type OTHER
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
Zoning HAR4
Interior
Heating Central
Cooling No Air Conditioning
Fireplace No
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 4051019009