14024 Kornblum Avenue

Heathrow, CA 90250

  • 16 Bed(s)
  • 0 Bath(s)
  • 7,419 Sqft
  • 23835
    Sqft(Lot)
$2,325,000

Description

8 single-story units on massive 23,835-sf lot | outstanding opportunity to add 2 adus or redevelop property to a 16-unit apartment | 8.13% pro-forma cap rate & 9.33 pro-forma grm | 5.35% current cap rate & 12.74 current grm | all 2-bedroom/1-bathroom units | upgraded electrical subpanels assumable loan of approximately $1,039,600 at 3.60% fixed until july of 2026 | located approximately 1 mile from spacex & tesla design center and 3 miles from sofi stadium & intuit dome (nba clippers arena) | recently painted property with new water-efficient landscaping | no local rent control - defaults to ab 1482 | ample outdoor space & garage parking for tenants | strong neighboring employment: space x, tesla, & aerospace defense companies

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46627448

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Property Details

  • Bedroom Information

    • Total Bedrooms : 16

    Bathroom Information

    • Total Baths: 8
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1930
    • Building Area Total: 7,419

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.5472
    • Lot Size Source: Estimated
    • Lot Size Square Feet: 23835

  • Listing Price Information

    • Original List Price: 2,325,000
    • Listing Contract Date: 2024-08-12

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4051020032

  • Garage and Parking

    • Garage Description: Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active Under Contract
    • Source Neighborhood: 110 - East Hawthorne
    • Postal Code Plus 4: 8112
    • Directions: South of 139th Street, West of Yukon Avenue, North of Rosecrans Avenue, East of Prairie Avenue
    • Zoning: HAR4*
    • Source Property Type: Residential Income
    • Area: 110 - East Hawthorne

    Building and Construction

    • Property Age: 94
    • Year Built Source: Other
    • Total Square Feet Living: 7419
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 10/05/2024 @ 10:25

  • MLS: 24426617
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 16 bedrooms which is recently sold, it has 7,419 sqft, 23,835 sized lot, and 8 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Heathrow , in zip code 90250, this Los Angeles County Home are nearby neighborhoods.