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Image 1 - 14024 Kornblum Ave, Hawthorne, California, 90250 - House for sale
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Kornblum Ave, Hawthorne, Home For Sale
14024 Kornblum Ave, Hawthorne, California, 90250

Kornblum Ave, Hawthorne, Home For Sale

house for sale
Listed: 08/15/24

14024 Kornblum Ave, Hawthorne, California, 90250

16 Bed:
8 Bath:
7,419 Sq Ft Living Area:
Save
Price
$ 2,33M

About This House

8 Single-Story Units on Massive23, 835-SFLot | Outstanding Opportunity to Add 2 ADUs or Redevelop Property to a 16-Unit Apartment | 8.13% Pro-Forma Cap Rate and 9.33 Pro-Forma GRM | 5.35% Current Cap Rate and 12.74 Current GRM | All 2-Bedroom/1-Bathroom Units | Upgraded Electrical Subpanels Assumable Loan of Approximately$1, 039, 600at 3.60% Fixed Until July of 2026 | Located Approximately 1 Mile from SpaceX and Tesla Design Center and 3 Miles from SoFi Stadium and Intuit Dome (NBA Clippers Arena) | Recently Painted Property with New Water-Efficient Landscaping | No Local Rent Control - Defaults toAB 1482 | Ample Outdoor Space and Garage Parking for Tenants | Strong Neighboring Employment: Space X, Tesla, and Aerospace Defense Companies

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Hawthorne Housing & Living

Household Income

Median household income: $47,636
Number of households: 29,488
The average household income in Hawthorne, CA grew from $45,089 to $47,636 in the past year. This data is an estimate based upon 29,488 households in Hawthorne, CA.
The chart below presents how household income is distributed in Hawthorne, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Hawthorne, CA compared to median property taxes around the country. The prevalent amount of property taxes in Hawthorne, CA equals $3k+ , which is more than the national average.