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12501 Kornblum Avenue

Hawthorne, CA 90250

– beds
– baths
– sqft
6,752 sqft lot
1987 build
– on site

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.

Listed By CRMLS_CA / Brett Lyon / Lyon Stahl Investment Real Estate, Inc. / 3107801899

Last checked: Checking… • Last updated Feb 18, 2025 •

MLS# SB25035540 —

The Building

Year Built:

1987
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

6861.00
Building Area Units:

Square Feet
Total Number Of Units:

7
# of Buildings:

1
Stories Total:

1
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

7
# of Separate Water Meters:

1
# of Separate Electric Meters:

7

Interior

Levels:

One
Entry Location:

1
Laundry:

Common Area
Laundry:

1

Location

Directions:

Across the Street from SpaceX
Latitude:

33.91921900
Longitude:

-118.33768300

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

HAR3YY
Lot Features:

6-10 Units/Acre
Lot Size Area:

6752.0000
Lot Size Acres:

0.1550
Lot Size SqFt:

6752.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

7
Tax Census Tract:

6025.13
Tax Tract:

9681
Tax Lot:

14

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4049003053

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Biking
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

13.00
Garage Spaces:

1.00
Carport Spaces:

12.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/17/25 Feb 17, 2025	Listed / Active	CRMLS_CA	$1,995,000

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This multifamily located in East Hawthorne, Hawthorne, CA 90250 is currently for sale for $1,995,000. 12501 Kornblum Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 5 days. 12501 Kornblum Avenue is in the East Hawthorne neighborhood of Hawthorne and has a WalkScore® of 55, making it somewhat walkable. This multifamily is in the attendance area of Bud Carson Middle School, Leuzinger High School, Lawndale High School, and Kornblum Elementary School.

Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 00:08 on Feb 22.

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.