NOT LISTED FOR SALE

12522 Kornblum Ave Hawthorne, CA 90250

Estimated Value: $1,344,000 - $1,667,000

8 Beds
6 Baths
3,049 Sq Ft
$474/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $1,315,000 $431 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,988/month

14 Days on Market

About This Home

As of August 2022

We are pleased to announce our newest listing in city of Hawthorne. This triplex boast two 3 Bedroom 2 Bathroom units and a 2 Bedroom 1 Bathroom unit. Each unit gets their own double car garage. New ownership can possibly convert garages into an extra large ADU or leave for tenants. Additionally, the property has been well maintained and has estimated 20% upside in rents. This property is ideal for an investor looking for a property in an appreciating market or an owner user. Located a few blocks away from SpaceX, main shopping centers, the 105 freeway, and major employers.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 07/18/2022

Last Buyer's Agent

Steve Chelebian

License #01232921

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,113

Year Built

  • Built in 1941

Lot Details

  • 6,669 Sq Ft Lot
  • Lot Dimensions are 50x133

Parking

  • 6 Car Garage

Interior Spaces

  • 3,049 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4049-004-049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,113

Year Built

Built in 1941

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Contact agent for marketing package.
  • Living Area: 3049
  • Lot Acreage: 0.1531
  • Lot Dimensions: 50x133
  • Probate: No
  • Stories: 1
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Refrigerator, Range/Oven
  • Price Per S Q F T: 442.44

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 6
  • Parking Garage: Garage
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 56.52
  • Assessed Improvement Value: 525387
  • Assessed Land Percent: 43.48
  • Assessed Land Value: 404144
  • Total Assessed Value: 929531
  • Assessor Parcel Number: 4049-004-049
  • Lot Size Area: 6669

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.40
  • Number Of Units: 3
  • Type Of Units: APTs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Aug 2, 2022
Sold by
Ghassemi Marco and Ghassemi Natalia
Bought by
Khan Shazaan F and Khan Zia M
Seller's Agent
Jonathan Weir
Marcus & Millichap
Buyer's Agent
Steve Chelebian
List Price
$1,349,000
Sold Price
$1,315,000
Premium/Discount to List
-$34,000
-2.52%
Views
1
Current Estimated Value
$1,444,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,719
Avg. Annual Appreciation
3.00%
Original Mortgage
$986,250
Outstanding Balance
$941,309
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$503,410

Purchase Details

Closed on
Jun 7, 2019
Sold by
Maya Helen Miezi
Bought by
Ghassemi Marco and Ghassemi Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2001
Sold by
Gradney Stephen and Gradney Angelique
Bought by
Maya Helen Miezi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
9.87%

Purchase Details

Closed on
Nov 17, 1994
Sold by
Glendale Federal Bank Fsb
Bought by
Gradney Stephen and Gradney Angelique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,700
Interest Rate
5.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 23, 1994
Sold by
Verdugo Service Corp
Bought by
Glendale Federal Bank Fsb
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Khan Shazaan F $1,315,000 Ticor Title
Ghassemi Marco $920,000 Fidelity National Title Co
Maya Helen Miezi $307,500 Fidelity National Title
Gradney Stephen $233,000 Chicago Title Insurance Co
Glendale Federal Bank Fsb $432,026 Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Shazaan F $986,250
Previous Owner Ghassemi Marco $670,000
Previous Owner Maya Helen Miezi $246,000
Previous Owner Gradney Stephen $209,700
Closed Maya Helen Miezi $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $1,315,000 -2.5% $431 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $1,349,000 +44.3% $442 / Sq Ft
08/28/2019 08/28/19 Sold $935,000 0.0% $307 / Sq Ft View Prior Sale
02/16/2019 02/16/19 Off Market $935,000 -- --
02/16/2019 02/16/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $949,900 +1.6% $312 / Sq Ft
10/25/2018 10/25/18 Off Market $935,000 -- --
05/26/2018 05/26/18 For Sale $949,900 -- $312 / Sq Ft
Source: The MLS

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 $17,113 $1,368,126 $728,280 $639,846
2024 $17,113 $1,341,300 $714,000 $627,300
2023 $16,476 $1,315,000 $700,000 $615,000
2022 $12,537 $948,120 $412,226 $535,894
2021 $12,363 $929,531 $404,144 $525,387
2020 $12,328 $920,000 $400,000 $520,000
2019 $5,863 $407,212 $198,640 $208,572
2018 $5,590 $399,229 $194,746 $204,483
2016 $5,287 $383,729 $187,185 $196,544
2015 $5,172 $377,966 $184,374 $193,592
2014 $5,158 $370,563 $180,763 $189,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-179457

The MLS

APN: 4049-004-049