12612 Kornblum Avenue, Hawthorne, CA 90250
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
12612 Kornblum Avenue,Hawthorne, CA 90250
$1,750,000
- - Beds
- - Baths
- 5,319 sq. ft.
- Multi-family
- Active
Listed by: mike marcu
Office: mike marcu, broker
MLS#:OC25170666
Source:CRMLS
Price summary
- Price:$1,750,000
- Price per sq. ft.:$329.01
About this home
12612 Kornblum Avenue presents a rare value-add opportunity in the high-demand rental market of Hawthorne, only subject to AB-1482. This 7-unit property features an attractive unit mix with an oversized 1,951 sq. ft. 3/2.5 Townhome-style owner's unit with washer and dryer hookups, and the potential to add ADU units. The current rents remain well below market—positioning the asset for significant income growth.
Investment Highlights:
• Desirable Unit Mix: One large 3-bed/2.5-bath townhouse-style unit with washer and dryer hookups and a private deck—ideal for repositioning or premium rental. Plus, Six 1-bed/1-bath units.
• ADU Potential: Explore the possibility of adding units through ADU conversion of existing space (buyer to verify).
• RUBS OPPORTUNITY: There is potential to further enhance yield with the implementation of a RUBS program for water, sewer, and trash. The property is individually metered for gas and electric.
• Under-Market Rents: Immediate upside through rent increases upon turnover or via AB 1482 allowable adjustments.
• Operational Upside: On-site laundry room is currently non-functioning but can be restored to create a new revenue stream.
• Parking Advantage: Dedicated carport parking for all units—a key amenity in the South Bay.
• Each unit has its own water heater, minimizing shared utility costs.
• Investor-Friendly Rent Control: Subject to AB 1482, allowing for structured annual rent increases (5% + CPI). This is a well-located, underutilized asset with multiple levers for value creation—from strategic unit turns to ADU development and amenity upgrades. Ideal for investors seeking yield in a supply-constrained rental market.
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Home facts
- Year built:1986
- Listing ID #:OC25170666
- Added:218 day(s) ago
- Updated:March 05, 2026 at 02:16 PM
Rooms and interior
- Living area:5,319 sq. ft.
Structure and exterior
- Year built:1986
- Building area:5,319 sq. ft.
- Lot area:0.15 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$329.01
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