$700,000
SOLD MAR 31, 2016

12506 Kornblum Ave Hawthorne, CA 90250

6 Beds
5 Baths
2,951 Sq Ft
6,669 Sq Ft Lot

Recently Sold

$237 Per Sq Ft

23 Days on Market

About This Home

As of March 2016

BACK ON THE MARKET. 4 UNITS LOCATED MINUTES TO LAX AND BEACHES. GREAT INVESTMENT. !!DON'T FORGET THAT RAMS FOOTBALL TEAM IS COMING TO TOWN!! BUY NOW.

Last Agent to Sell the Property

patricia amadi

Radius Agent Realty License #01741447 Listed on: 02/09/2016

Last Buyer's Agent

Jason D'Amore

Coldwell Banker Realty License #01893811

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,875

Year Built

  • Built in 1941

Lot Details

  • 6,669 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 2,951 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 4049004046

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,800
  • Water Sewer Expense $3,000
  • Gross Income $51,600
  • Net Operating Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,875

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 4049004046
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 237.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 6669.00
  • Price Per Lot Square Foot: 104.96
  • Lot Size Acres: 0.1530

Multi Family

  • Gross Income: 51600.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6669.0000 Square Feet
  • Maintenance Percent: 3.00
  • Net Operating Income: 39600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12000.00
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2015
Sold by
Asinugo Joy C
Bought by
Baker Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,937
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2014
Sold by
Asinugo Joy C
Bought by
Asinugo Joy C

Purchase Details

Closed on
Jul 12, 2010
Sold by
Azuoma Kelechi Chinwe
Bought by
Asinugo Joy C and Brice Irine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,087
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2007
Sold by
Azuoma Godspower U Solo
Bought by
Azuoma Kelechi Chinwe

Purchase Details

Closed on
Dec 12, 2005
Sold by
Medley Lue Alice and Sandifer Enterprises Revocable
Bought by
Crews Ernestine and Sandifer Enterprises Living Trust

Purchase Details

Closed on
Dec 6, 2005
Sold by
Azuoma Kelechi Chinwe
Bought by
Azuoma Godspower U Solo

Purchase Details

Closed on
Sep 21, 2005
Sold by
Azuoma Godspower U Solo
Bought by
Azuoma Kelechi Chinwe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 19, 2005
Sold by
Allen Robert B and Allen Ramona A
Bought by
Azuoma Kelechi Chinwe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $700,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed $445,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $700,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $635,937 Purchase Money Mortgage
Previous Owner $124,455 FHA
Previous Owner $439,087 FHA
Previous Owner $119,000 Stand Alone Second
Previous Owner $490,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $1,190,000 -2.9% $403 / Sq Ft
02/24/2025 02/24/25 For Sale $1,225,000 +75.0% $415 / Sq Ft
03/31/2016 03/31/16 Sold $700,000 0.0% $237 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $700,000 -- $237 / 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 $10,875 $828,652 $355,136 $473,516
2024 $10,875 $812,405 $348,173 $464,232
2023 $10,486 $796,477 $341,347 $455,130
2022 $10,631 $780,860 $334,654 $446,206
2021 $10,490 $765,550 $328,093 $437,457
2019 $10,129 $742,845 $318,362 $424,483
2018 $9,693 $728,280 $312,120 $416,160
2016 $6,530 $481,603 $265,152 $216,451
2015 $6,385 $474,370 $261,170 $213,200
2014 $6,451 $465,079 $256,055 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15236965

California Regional Multiple Listing Service (CRMLS)

APN: 4049-004-046