Hawthorne, CA 90250,12500 Ramona Avenue
$3,500,000
$3,900,000
10.3%
Est.Price: ?

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14,705 SqFt

12500 Ramona Avenue Hawthorne, CA 90250

Est. payment /mo
SOLD DATE : 05/03/2019

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Key Details

Sold Price $3,500,000

Property Type Commercial

Sub Type Specialty

Listing Status Sold

Purchase Type For Sale

Square Footage 14,705 sqft

Price per Sqft $238

MLS Listing ID SB18244887

Sold Date 05/03/19

HOA Y/N No

Year Built 1965

Lot Size 0.982 Acres

Acres 0.9823

Property Sub-Type Specialty

Property Description

Great investment/development opportunity. 12500 Ramona Avenue a/k/a The Hawthorne Academy is situated in the heart of Hawthorne and is ripe for proposed redevelopment and growth. The Hawthorne Academy currently occupies the property. The subject property currently consists of two well-maintained structures which include an 11,250 sf building built in 1965 and a 3,450 sf building built in 2001. All of this situated on a centrally located lot of approximately 43,000 sf, or 253' X 169'. The Main Building is a One-Story Contemporary structure with the Academy's Reception Area, Lobby, 8 Staff Offices, 7 Class Rooms and Gated Ground Level Parking with 30 + parking spaces. The Classroom Building located in the rear of the property is a Two-Story structure with 4 Class Rooms, 4 Counselor Offices & Restrooms. The floor plan is open and flexible; some class rooms can be adjusted to meet the needs of larger or smaller sized room, via accordion style room dividers. There is 1 Meeting Room, 4 sets of Restrooms, 1 Staff Kitchen Area, 1 Reception Area, Sports Courts, Playground, Center Courtyard, Outdoor Patio Area, Boys/Girls Locker Rooms in close proximity to the beautiful Outdoor Swimming Pool, dimensions of pool are approximately 30' X 50' with a depth from 3.5' to 9'. The subject property is in very good condition and has amazing expansion potential.

Location

State CA

County Los Angeles

Area 108 - North Hawthorne

Interior

Laundry See Remarks

Building

Lot Description Lot Over 40000 Sqft, Sprinkler System

Story 2

Water Public

Others

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 2.25

SIGN ON PROPERTY 1

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent,See Remarks

SHOW CONTACT PH 3103519830

SHOW INSTRUCTIONS DO NOT DISTURB TENANTS, ENTER THE PROPERTY OR WALK ON THE GROUNDS. Arrangements can be made after hours to preview the property for all serious prospective buyers. The subject property located at 12500 Ramona Avenue a/k/a The Hawthorne Academy is situated in the heart of Downtown Hawthorne’s Specific Plan vision and is ripe for proposed redevelopment and growth. The Hawthorne Academy is a private school currently occupies the property, they are leasing the property with approximately 80 students in grades 7-12 and their lease expires 9/30/2019.

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Listed by RE/MAX Estate Properties
Bought with CRMLS
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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