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$1,600,000
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Property Description
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.
Full Property Details
Full Property Details for 12612 Kornblum Ave.
General
- Sold For: $1,600,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25170666
- Added to Site: 298 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Parking Features: None
- Parking: None
Location
- Area: 108 - North Hawthorne
- County: Los Angeles
- Development Name: 108 - North Hawthorne
- Driving Directions: El Segundo Blvd to Kornblum head north
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Entry Location: 2
- Stories/Levels: One
- Stories Description: One
- Square Feet: 5,319
- Year Built: 1986
Unit Information
Unit 1
- Number of Units: 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.1531
- Lot Size Source: Assessor
- Zoning: HAR3YY
- Lot Description: 16-20 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $300.81
- Price Per Unit: 250000
Listed by Mike Marcu, Broker, Mike Marcu
Sold by None MRML, NONE NONE
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Schools
Schools serving 12612 Kornblum Ave.
| Name | Grades | Distance |
|---|---|---|
Kornblum School 3620 West El Segundo Boulevard, Hawthorne, CA 90250 | K-5 | 0.2 mi |
Bud Carson Middle School 13838 Yukon Avenue, Hawthorne, CA 90250 | 6-8 | 0.8 mi |
Leuzinger High School 4118 West Rosecrans Avenue, Lawndale, CA 90260 | 9-12 | 1.3 mi |
Hawthorne High School 4859 West El Segundo Boulevard, Hawthorne, CA 90250 | 9-12 | 1.5 mi |
Lawndale High School 14901 South Inglewood Avenue, Lawndale, CA 90260 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12612 Kornblum Ave.
Date
Details
Price
Change
Source
4/14/2026
Sold
$1,600,000
-8.57%
MLS
1/27/2026
Price Reduced
$1,750,000
-7.41%
MLS
10/03/2025
Price Reduced
$1,890,000
-7.8%
MLS
9/05/2025
Price Reduced
$2,050,000
-10.87%
MLS
7/29/2025
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12612 Kornblum Avenue, Hawthorne, CA 90250 (MLS# OC25170666) is a Multi-Family property that was sold at $1,600,000 on April 14, 2026. Want to learn more about 12612 Kornblum Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hawthorne? You can browse all Hawthorne real estate or contact a Coldwell Banker agent to request more information.

