NOT LISTED FOR SALE

11617 Kornblum Ave Hawthorne, CA 90250

Estimated Value: $999,000 - $1,159,000

6 Beds
3 Baths
2,296 Sq Ft
$473/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $567,500 $247 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,725/month

74 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Level Lot
  • Property is near public transit
  • Landscaped

About This Home

As of April 2014

3 Units Investor/Owner Dream!!!! Current owner has upgraded all three units spent over $100,000 on upgrades, grounds well maintained, responsible tenants. This property also boasts a POSITIVE CASH FLOW!!!!WOW!!! Please do not disturb tenants. DRIVE-BY ONLY!!!Seller responds quickly. Great owner occupied property, 3 separate units for added privacy with two units to rent out. Fenced private front yard. Unit-1 is 2Bd/1Ba with garage rents for $1650, Unit-2 is 2Bd/1Ba rents for $1350, Unit-3 is 2Bd/1Ba rents for $1350. Great opportunity.

Last Agent to Sell the Property

DAVID FARAG

RE/MAX TIME REALTY License #01502555 Listed on: 12/09/2013

Last Buyer's Agent

Anoop Garg

The Real Estate Consult. Wstsd License #01060730

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,218

Year Built

  • Built in 1940

Lot Details

  • 9,093 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Level Lot
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • 2,296 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 12030
  • Assessor Parcel Number 4048010041

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • New Taxes Expense $7,500
  • Gross Income $4,420
  • Net Operating Income $37,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,218

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 6.31
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 4048010041
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 247.17
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level, Landscaped, Lot 6500-9999, Near Public Transit, Yard
  • Lot Size Sq Ft: 9093.00
  • Lot Size Acres: 0.2090

Multi Family

  • Gross Income: 4420.00
  • Gross Scheduled Income: 53040.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 9093.0000 Square Feet
  • Net Operating Income: 37860.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 15180.00
  • Operating Expense Percent: 28.60
  • Rent Control: No
  • Vacancy Allowance: 2580
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Area: 4-261
  • Tax Lot: 53
  • Tax Rate: 1.17
  • Tax Tract Number: 12030
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Rasiklal Vora Sarju and Sarju Priya
Bought by
Sarju Vora Revocable Trust
Current Estimated Value
$1,088,067

Purchase Details

Listed on
Dec 9, 2013
Closed on
Mar 6, 2014
Sold by
Demian John
Bought by
Vora Sarju R and Vora Priya S
Seller's Agent
DAVID FARAG
RE/MAX TIME REALTY
Buyer's Agent
Anoop Garg
The Real Estate Consult. Wstsd
List Price
$599,000
Sold Price
$567,500
Premium/Discount to List
-$31,500
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$425,625
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2011
Sold by
Us Bank National Association
Bought by
Demian John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2011
Sold by
Garcia Maria C
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Garcia Maria Delsocorro and Garcia Maria C
Bought by
Garcia Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2004
Sold by
Gonzalez Antonio and Gonzalez Alma
Bought by
Garcia Jose Antonio and Garcia Maria Delsocorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1993
Sold by
Gonzalez Antonio and Garcia Juana
Bought by
Gonzalez Antonio and Garcia Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sarju Vora Revocable Trust -- Venable Llp
Vora Sarju Rasiklal -- Venable Llp
Vora Sarju R $567,500 Nextitle
Demian John $380,000 Service Link
Us Bank National Association $355,000 Accommodation
Garcia Maria C -- Stewart Title Of Ca Inc
Garcia Maria C -- Stewart Title Of Ca Inc
Garcia Jose Antonio -- Stewart Title Of Ca Inc
Gonzalez Antonio -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vora Sarju R $279,465
Previous Owner Vora Sarju R $283,742
Previous Owner Vora Sarju R $425,625
Previous Owner Demian John $285,000
Previous Owner Garcia Maria C $599,999
Previous Owner Garcia Maria C $292,500
Previous Owner Garcia Jose Antonio $292,500
Previous Owner Gonzalez Antonio $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $567,500 -5.3% $247 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $599,000 -- $261 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,218 $695,052 $490,338 $204,714
2024 $9,218 $681,424 $480,724 $200,700
2023 $8,892 $668,064 $471,299 $196,765
2022 $9,015 $654,965 $462,058 $192,907
2021 $8,897 $642,124 $452,999 $189,125
2020 $8,560 $635,541 $448,355 $187,186
2019 $8,595 $623,080 $439,564 $183,516
2018 $8,192 $610,864 $430,946 $179,918
2016 $7,790 $587,146 $414,213 $172,933
2015 $7,618 $578,328 $407,992 $170,336
2014 $5,438 $389,359 $204,926 $184,433
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    DAVID FARAG

    RE/MAX

    Section Image

  • A

    Buyer's Agent in 2014

    Anoop Garg

    The Real Estate Consult. Wstsd

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13244863

California Regional Multiple Listing Service (CRMLS)

APN: 4048-010-041

California Los Angeles County Hawthorne 90250

11617 Kornblum Ave, Hawthorne, CA

This home is located at 11617 Kornblum Ave, Hawthorne, CA 90250 since 09 December 2013 and is currently estimated at $1,085,672, approximately $472 per square foot. This property was built in 1940. 11617 Kornblum Ave is a home located in Los Angeles County with nearby schools including York Elementary School, Prairie Vista Middle School, and Leuzinger High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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