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13325 Kornblum Avenue

Tony Azzi And Rob Bellamy Of Vita Equities Acquire Multifamily Asset In Hawthorne For $9.025M
SOLDMultiFamily

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

Bradley Buzil
Verified Badge

Bradley Buzil

Marcus & Millichap

Broker

$105.7M

vol

13 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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