12128 Ramona Ave. - Austin Zahn Real Estate

12128 Ramona Ave.

Ramona Avenue, Hawthorne, California, 90250, United States
  • $2,795,000

Overview

  • 11
  • Bedrooms
  • 9
  • Bathrooms
  • 6343
  • SQ FT
  • 8745
  • Lot SQ FT
  • 1963
  • Year Built

Description

12128 Ramona, Hawthorne | 7+2 Units | $2,795,000

Attention all high yield investors!! 12128 Ramona is a 7-unit building with 2 non-conforming units ideally located in Hawthorne near the 105 and 405 interchange. Currently priced at a 5.37% CAP and 12.67% GRM, this is a rare, incredible high yield opportunity. This property, rented out with at-market rents has undergone complete renovations allowing for peace of mind for the next investor. Well-located in the red-hot rental market of  Hawthorne, this property is just a few minutes from the brand new SoFi Stadium, SpaceX, Tesla, Ring, Amazon Services, and LAX, but does not suffer any noise impact from the air traffic per the most recent California State Airports Quarterly Noise Report. This is the perfect investment for the high yield investor looking for stable cash flow!

  • 5.37% CAP and 12.67% GRM as-is!!! Rare investment opportunity.
  • (4) 2br/1ba; (3) 1br/1ba; 2 nonconforming studio units 
  • 6,343 SF building, 8,745 SF lot
  • Well-located near the corner of W 120th Blvd and Hawthorne Blvd, minutes from SoFi Stadium and LAX and booming tech businesses.
  • Unaffected by LAX flight traffic noise per most recent quarterly noise report.

 

Tours permitted with an accepted offer.

Details

Updated on June 25, 2021 at 1:29 pm
  • Price: $2,795,000
  • Property Size: 6343 SQ FT
  • Land Area: 8745 SQ FT
  • Bedrooms: 11
  • Bathrooms: 9
  • Year Built: 1963
  • Property Status: For Sale
  • Address 12128 Ramona Ave.
  • City Venice
  • State/county California
  • Zip/Postal Code 90250

Contact Information

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Austin Zahn
  • Austin Zahn
  • 310-613-1251

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