Hawthorne, CA 90250,12612 Kornblum Avenue
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Hawthorne, CA 90250,12612 Kornblum Avenue
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Candi DeMoura

Candi DeMoura

+1(858) 900-1333
$ 1,750,000
Est. payment /mo
Save
Price Dropped by $140K

12612 Kornblum Avenue Hawthorne, CA 90250

4 Beds

3 Baths

6,669 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25170666

Bedrooms 4

Lot Size 6,669 Sqft

Property Sub-Type Res Income 2-4 Units

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 marketpositioning 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 deckideal 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 unitsa 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 creationfrom strategic unit turns to ADU development and amenity upgrades. Ideal for

Location

State CA

County Los Angeles

Zoning Assessor

Direction El Segundo Blvd to Kornblum head north

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 4049014003

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Mike Marcu Mike Marcu, Broker

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Da Vinci Innovation Academy

    Public | KG - 8

  • 9

    Lincoln Elementary School

    Public | KG - 5

  • 9

    156th Street Elementary

    Public | KG - 6

  • 8

    Madison Elementary School

    Public | KG - 5

  • 8

    Mark Twain Elementary School

    Public | KG - 5

  • 8

    Lincoln Elementary School

    Public | PK - 5

  • 8

    Chapman Elementary

    Public | KG - 5

  • 7

    Peter Burnett Elementary School

    Public | 3 - 5

  • 7

    Juan de Anza Elementary School

    Public | KG - 5

  • 7

    Lucille J. Smith Elementary School

    Public | KG - 5

  • 7

    Huerta Elementary

    Public | PK - 5

  • 7

    Jefferson

    Public | KG - 5

  • 6

    Stella Middle Charter Academy

    Public | 5 - 8

  • 6

    Felton Elementary

    Public | PK - 5

  • 6

    Buford Elementary

    Public | KG - 5

  • 6

    Ramona

    Public | KG - 5

  • 6

    Washington

    Public | KG - 5

  • 6

    Moffett Elementary

    Public | PK - 5

  • 6

    William Anderson Elementary School

    Public | KG - 5

  • 6

    York

    Public | KG - 5

Middle Schools 20
  • 9

    Richard Henry Dana Middle School

    Public | 6 - 8

  • 8

    Casimir Middle School

    Public | 6 - 8

  • 6

    Jane Addams Middle School

    Public | 6 - 8

  • 6

    Hawthorne Middle School

    Public | 6 - 8

  • 6

    Will Rogers Middle School

    Public | 6 - 8

  • 6

    Environmental Charter Middle - Inglewood

    Public | 6 - 7

  • 5

    Century Community Charter

    Public | 6 - 8

  • 5

    Prairie Vista Middle School

    Public | 6 - 8

  • 5

    Bud Carson Middle School

    Public | 6 - 8

  • 4

    Lennox Middle School

    Public | 6 - 8

  • 4

    Peary Middle School

    Public | 6 - 8

  • 2

    Albert F. Monroe Elementary School

    Public | 6 - 8

  • 1

    Icef Inglewood Middle Charter Academy

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 0

    Hawthorne Academy

    Private | 7 - 12

  • 0

    Opportunities for Learning - Hermosa Beach

    Public | 7 - 12

  • 0

    Renaissance Community Day

    Public | 7 - 12

  • 0

    Animo Phillis Wheatley Charter Middle School

    Public | 6 - 8

  • 0

    Animo Western Charter Middle School

    Public | 6 - 8

  • 0

    New West Technical Academy

    Private | 6 - 12

High Schools 20
  • 10

    Hawthorne Math and Science Academy

    Public | 9 - 12

  • 9

    Da Vinci Science

    Public | 9 - 12

  • 9

    Lennox Mathematics, Science and Technology Academy

    Public | 9 - 12

  • 9

    Animo Leadership High School

    Public | 9 - 12

  • 8

    Bright Star Secondary Charter Academy

    Public | 9 - 12

  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 7

    Da Vinci Design

    Public | 9 - 12

  • 7

    City Honors College Preparatory Charter

    Public | 9 - 12

  • 6

    Environmental Charter High School

    Public | 9 - 12

  • 6

    Alliance Health Services Academy High School

    Public | 9 - 12

  • 5

    Lawndale High School

    Public | 9 - 12

  • 5

    Leuzinger High School

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 2

    Hawthorne High School

    Public | 9 - 12

  • 1

    Centinela Valley Independent Study

    Public | 9 - 12

  • 1

    Inglewood High School

    Public | 9 - 12

  • 1

    Morningside High School

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

  • 1

    George Washington Prep High School

    Public | 9 - 12

School and business data provided by Attom Data.
Candi DeMoura

Candi DeMoura

Realtor | License ID: 01930846

+1(858) 900-1333

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12612 Kornblum Avenue

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