Properties

Hawthorne, CA 90250 12612 Kornblum Avenue

12612 Kornblum Avenue Hawthorne, CA - Image 1
Presented By: Mike Marcu with Mike Marcu, Broker; 949 688 1224
  • MLS# OC25170666
  • 07/28/2025
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  • Baths • 1
  • SQFT • 5,319

Home Details

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 marketโ€”positioning the asset for significant income growth. Investment Highlights: โ€ข Desirable Unit Mix: One large 3-bed/2.5-bath townhouse-style unit with washer and dryer hookups and a private deckโ€”ideal for repositioning or premium rental. Plus, Six 1-bed/1-bath units. โ€ข ADU Potential: Explore the possibility of adding units through ADU conversion of existing space (buyer to verify). โ€ข 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. โ€ข Under-Market Rents: Immediate upside through rent increases upon turnover or via AB 1482 allowable adjustments. โ€ข Operational Upside: On-site laundry room is currently non-functioning but can be restored to create a new revenue stream. โ€ข Parking Advantage: Dedicated carport parking for all unitsโ€”a key amenity in the South Bay. โ€ข Each unit has its own water heater, minimizing shared utility costs. โ€ข 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 creationโ€”from strategic unit turns to ADU development and amenity upgrades. Ideal for investors seeking yield in a supply-constrained rental market.
Presented By: Mike Marcu with Mike Marcu, Broker; 949 688 1224

Interior Features for 12612 Kornblum Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesNone
Total Stories3

Other Rooms

Entry Level2

General for 12612 Kornblum Avenue

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6.51
Carport Spaces9
Carport Y/NYes
CityHawthorne
Community FeaturesUrban
ContingencyLoan
CountyLos Angeles
DirectionsEl Segundo Blvd to Kornblum head north
Electric Expense1000
Entry Location2
Fuel Expense860
Garage Spaces
Garage Y/NNo
Gross Income
HOANo
HOA Fee$
Insurance Expense10020
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan
Lot Size Square Feet6669
Lot Size UnitsSquare Feet
MLS Area108 - North Hawthorne
MaintenanceExpense3850
Net Operating Income113881
New ConstructionNo
Number Of Units Total7
Operating Expense51116
Pool FeaturesNone
PostalCityHAWTHORNE
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count1
Tax Lot3
Taxes$24,675
Tenant PaysElectricity, Gas
Trash Expense2000
Water Sewer Expense4000
Year Built1986
Year Built SourceAssessor
ZoningHAR3YY

Exterior for 12612 Kornblum Avenue

Building Area Total5319
Lot Features16-20 Units/Acre
Lot Size Acres0.1531
Lot Size Area6669
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Parking FeaturesNone
Private PoolNo
Total Parking9
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,750,000
MLS#OC25170666
List Date 07/28/2025
Property Type Multi-Family
Phone 888.795.6274
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