12613 Kornblum

    Hawthorne, CA 90250
    • $3,995,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: SB19212679
    UPDATED: 32 min ago
    $3,995,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,328
      SQFT
    • $279
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Ratings & Info

    Description

    Up for sale is Two 7 units apartment complexes - 12613 and 12617 Kornblum Ave. These buildings are attached and situated on two legal parcels.10 of the 14 units contain living rooms of which some have a partition privacy wall. The unit mix is 8 One Bedrooms, 4 Two Bedrooms, and 2 Two Bedroom two bath Town House units. The building was constructed in the mid 1980's and has individual hot water heaters, separately metered for Gas and Electric, and sprinklered for fire protection - all great attributes for keeping operating expenses low. Plenty of parking with carports, open parking and 2 garages to handle approximately 24 spaces.Two laundry rooms for each of the 7 units. Currently only one per property in use.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-22T12:41:02.24. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/98694217

    12613 Kornblum Hawthorne, CA 90250

    • Price: $3,995,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: SB19212679
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    14,328
    SQFT
    $279
    $/SQFT
    1986
    Built
    Neighborhood:
    108 - North Hawthorne
    County:
    Los Angeles
    Area:
    108 - North Hawthorne
    Property Description
    Up for sale is Two 7 units apartment complexes - 12613 and 12617 Kornblum Ave. These buildings are attached and situated on two legal parcels.10 of the 14 units contain living rooms of which some have a partition privacy wall. The unit mix is 8 One Bedrooms, 4 Two Bedrooms, and 2 Two Bedroom two bath Town House units. The building was constructed in the mid 1980's and has individual hot water heaters, separately metered for Gas and Electric, and sprinklered for fire protection - all great attributes for keeping operating expenses low. Plenty of parking with carports, open parking and 2 garages to handle approximately 24 spaces.Two laundry rooms for each of the 7 units. Currently only one per property in use.
    Exterior Features

    Carport Spaces 20.00 Garage Spaces 2.00 Lot Features 0-1 Unit/Acre Lot Size Source Appraiser Lot Size Units Square Feet Parking Total 24.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common Area

    Property Features

    Additional Parcels Description 4049002049 Additional Parcels YN Yes Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 1744.00 Elevation Units Feet Fuel Expense 50.00 Gardener Expense 1000.00 Gross Income 0.00 Gross Operating Income 248811.00 Gross Scheduled Income 252600.00 Insurance Expense 4500.00 Land Lease YN No Laundry YN Yes Licenses Expense 500.00 Maintenance Expense 12000.00 Net Operating Income 166492.00 New Construction YN No New Taxes Expense 47500.00 Number Of Separate Electric Meters 15 Number Of Separate Gas Meters 15 Number Of Separate Water Meters 1 Operating Expense 86456.00 Operating Expense Percent 33.67 Other Expense 3241.00 Other Expense Description Other Professional Management Expense 4200.00 Rent Control YN No Senior Community YN No Sewer Other Special Listing Conditions Standard Total Expenses 86466.00 Trash Expense 4911.00 Vacancy Allowance 3789 Vacancy Allowance Rate 1.50 Water Sewer Expense 5820.00 Water Source Public Year Built Source Appraiser

    Listing provided courtesy of David Holstein of The Holstein Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-22T12:41:02.24. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
    RE/MAX Masters
    475 E. Badillo Street
    Covina CA, 91723