12128 Ramona Avenue, Hawthorne, CA 90250

About this property

Attention all high yield investors!! 12128 Ramona is a 7-unit building ideally located in Hawthorne near the 105 and 405 interchange. Currently priced at a 5.21% CAP and 12.94 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!

Listing description from the November 2021 sale, as reported to CRMLS.

Sale history

$2,600,000

Sold November 2021 · listed $2,700,000, orig. $2,795,000, on market July 2021 · MLS #SB21138610 · Source: CRMLS

Listing Agent: Austin Zahn · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Brett Lyon · Lyon Stahl Investment Real Estate, Inc.

$1,225,000

Sold April 2014 · listed $1,075,000, on market January 2014 · MLS #14733127 · Source: CRMLS

Listing Agent: John Capiro · Listing Office: RE/MAX ESTATE PROPERTIES · Contact: 310-559-5570 · Bought with: Fran Baldwin · Excel Funding R. E. S., Inc

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