12128 Ramona Ave, Hawthorne, CA 90250

12128 Ramona Ave, Hawthorne, CA 90250

Hawthorne, CA

Property Description

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!

Property Features

  • Sale Price: 2,795,000
  • Area Size: 6,343 SF
  • Year Built: 1963
  • Listing Date: July 7, 2021
  • Closing Date: November 1, 2021
  • Units: 7
  • Current GRM: 12.67
  • Current Cap Rate: 5.37%
  • Price Per Unit: $399, 286
  • Market Cap Rate: 6.10%

Lyon Stahl Investment Real Estate

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