Tony Azzi And Rob Bellamy Of Vita Equities Acquire Multifamily Asset In Hawthorne For $9.025M
13325 Kornblum Avenue
$9,025,000
$254/SF
Building Size
35,500 SF
Asset Type
MultiFamily
Closing
Sep 8, 2025
AI
The property asset involved in this transaction is a multifamily building located at 13325 Kornblum Avenue in the Hawthorne market. The sale price of the asset was $9,025,000, consisting of 49 units. The total square footage of the property is 35,500, translating to a price per unit of $184,183 and a price per square foot of $254.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $9,025,000
- Units: 49
- Square Footage: 35,500
- Price Per Unit: $184,183
- Price Per Square Foot: $254
- Buyer: Tony Azzi & Rob Bellamy - Vita Equities
- Seller: Kaplan Family Trust
- Broker: Bradley Buzil - Marcus & Millichap
Key individuals in the transaction include Tony Azzi and Rob Bellamy, who represented Vita Equities as the buyers. The property was sold by the Kaplan Family Trust, while Bradley Buzil from Marcus & Millichap acted as the broker facilitating the deal.
Players
Hawthorne MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93