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 h
MLS #
CROC25170666
MLS Source
California Regional MLS
Days on Site
22
Laundry
None
Garage/Parking
No Parking, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
12612 Kornblum Ave is a Residential Income in Hawthorne, CA 90250. This – square foot property sits on a 6,669 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,300,000 and was built in 1986.
This address can also be written as 12612 Kornblum Ave, Hawthorne, CA 90250.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 06, 2025. For the most current information, please contact Mike Marcu, (949) 688-1224