NOT LISTED FOR SALE

13429 Kornblum Ave Hawthorne, CA 90250

Estimated Value: $825,000 - $1,289,154

0.45 Acre
$2,315,026 Price per Acre
19,535 Sq Ft Lot

Sale Details

Date Sold: July 30, 2024

Last sale price $1,070,000 $815 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,765 / mo

28 Days on Market

About This Lot

As of July 2024

This rectangular site of approximately 19,535 square feet has a Zoning designation of R-3. The site's zoning and lot area provide attractive town home, apartment, or residential development options. Buyer to verify density and other requirements including potential state, local and/or transit-based bonuses. With over 230,000 households within a 5-mile radius and increasing levels of educational achievement and housing prices, the Hawthorne market boasts a large qualified tenant base that is underserved by the current aging housing supply. Additionally, the market skews younger, relatively, with Millennials making up nearly 45% of the population within a 5-mile radius. The average asking rents are around $2,000 with a market cap of approximately 5.4%. The South Bay market has seen slower new apartment construction than surrounding markets with less than 5%inventory growth year-over-year.

Last Agent to Sell the Property

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 05/08/2024

Last Buyer's Agent

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 05/08/2024

Property Details

Property Type

  • Land

Lot Details

  • 19,535 Sq Ft Lot
  • Property is zoned HAR3YY

Listing and Financial Details

  • Assessor Parcel Number 4050-021-005

Property Details

Property Type

Land

Lot Details

0.45 Acres

Listing Details

  • Property Type: Land
  • Lot Acreage: 0.4485
  • Probate: No
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4050-021-005
  • Lot Size Area: 19535
  • Possible New Zone: HAR3YY

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jul 23, 2024
Sold by
Bought by
Seller's Agent
Adam Peterson
CB Richard Ellis, Inc.
Buyer's Agent
Adam Peterson
CB Richard Ellis, Inc.
List Price
$1,400,000
Sold Price
$1,070,000
Premium/Discount to List
-$330,000
-23.57%
Current Estimated Value
$1,038,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,711
Avg. Annual Appreciation
-1.57%
Original Mortgage
$909,500
Outstanding Balance
$897,737
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$140,552

Purchase Details

Closed on
Aug 25, 2018
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2018
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.23%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 13, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.23%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 22, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 2001
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,013
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,070,000 Commonwealth Land Title Compan
-- None Available
-- None Available
-- First Southwestern Title Co
$330,000 First Southwestern Title Co
$259,548 First American Title Co
$259,548 First American Title Ins Co
$243,000 Lawyers Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $909,500
Previous Owner $247,500
Previous Owner $241,013
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $1,070,000 -23.6% $815 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $1,400,000 -- $1,066 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,017 $1,070,000 $950,000 $120,000
2024 $6,686 $468,558 $425,971 $42,587
2023 $6,463 $459,371 $417,619 $41,752
2022 $6,548 $450,365 $409,431 $40,934
2021 $6,464 $441,535 $401,403 $40,132
2020 $6,447 $437,009 $397,288 $39,721
2019 $6,257 $428,442 $389,499 $38,943
2018 $5,929 $420,042 $381,862 $38,180
2016 $5,679 $403,734 $367,035 $36,699
2015 $5,561 $397,670 $361,522 $36,148
2014 $5,547 $389,881 $354,441 $35,440
Source: Public Records

Agents Affiliated with this Home

  • Adam Peterson

    Seller's Agent in 2024

    Adam Peterson

    CB Richard Ellis, Inc.

    (310) 954-7031

    2 in this area

    20 Total Sales

    Adam Peterson
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Map

Source: The MLS

MLS Number: 24-389476

The MLS

APN: 4050-021-005

California Los Angeles County Hawthorne 90250

13429 Kornblum Ave, Hawthorne, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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