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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.
| DAYS ON MARKET | 60 | LAST UPDATED | 9/14/2025 |
|---|---|---|---|
| YEAR BUILT | 1986 | COMMUNITY | 108 - North Hawthorne |
| COUNTY | Los Angeles | STATUS | Conditional |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Sep 5, '25 | $2,300,000 |
|---|---|
| Sep 5, '25 - Today | $2,050,000 |
| ADDITIONAL DETAILS | |
| AREA | 108 - North Hawthorne |
|---|---|
| LOT | 6669 sq ft |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/25/25 3:37 PM PDT and /or other sources. 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
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