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12128 Ramona AVE Hawthorne, CA 90250
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Key Details
Sold Price $2,600,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 6,343 sqft
Price per Sqft $409
MLS Listing ID SB21138610
Sold Date 11/01/21
HOA Y/N No
Year Built 1963
Lot Size 8,746 Sqft
Acres 0.2008
Property Description
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!
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Zoning HAR1YY
Interior
Laundry Common Area
Exterior
Garage Spaces 2.0
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
TERMS Cash,Cash To Existing Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Tenants are not aware of sale. Please do not walk the property. Showings with an accepted offer. Please submit offers to Austin@lyonstahl.com & Jack.Theodore@lyonstahl.com.
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Bought with Lyon Stahl Investment Real Estate, Inc.