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12128 Ramona Avenue

Hawthorne, CA 90250
  • $2,795,000
  • STATUS: Active
  • ON SITE: 25 days
  • ID#: SB21138610
UPDATED: 38 min ago
$2,795,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T19:32:05.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
www.theparsonsrealestateteam.com/homes/119059677
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12128 Ramona Avenue Hawthorne, CA 90250

  • Price: $2,795,000
  • Status: Active
  • Updated: 38 min ago
  • ID#: SB21138610
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1963
Built
Neighborhood:
108 - North Hawthorne
County:
Los Angeles
Area:
108 - North Hawthorne
Property Description
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!
Exterior Features

Lot Features Rectangular Lot Number Of Separate Electric Meters 8 Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 625 Fuel Expense 0 Garage YN Yes Gross Income 220668 Gross Scheduled Income 220668 Insurance Expense 2854 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing Loan Net Operating Income 150095 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 9 Operating Expense 59540 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 400 Water Sewer Expense 600 Water Source Public Zoning Har1yy

Listing provided courtesy of Austin Zahn of Lyon Stahl Investment Real Estate, Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T19:32:05.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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