NOT LISTED FOR SALE

12128 Ramona Ave Hawthorne, CA 90250

11 Beds
7 Baths
6,343 Sq Ft
8,745 Sq Ft Lot

Last Sold November 01, 2021

Last sale price $2,600,000 $410 Per Sq Ft

58 Days on Market

About This Home

As of November 2021

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!

Last Agent to Sell the Property

Austin Zahn

Lyon Stahl Investment Real Estate, Inc. License #01936451 Listed on: 07/07/2021

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,745 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 6,343 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 17 / U
  • Tax Tract Number 620
  • Assessor Parcel Number 4041005011

Community Details

Building Details

  • 9 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $625
  • Insurance Expense $2,854
  • Professional Management Expense $11,033
  • Trash Expense $400
  • Water Sewer Expense $600
  • Operating Expense $59,540
  • Gross Income $220,668
  • Net Operating Income $150,095

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 385714
  • Professional Management Expense: 11033.00
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: HAR1YY
  • Property Type: Residential Income
  • Parcel Number: 4041005011
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 409.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 8745.00
  • Lot Size Acres: 0.2008

Multi Family

  • Electric Expense: 625.00
  • Gross Income: 220668.00
  • Gross Scheduled Income: 220668.00
  • Insurance Expense: 2854.00
  • Lot Size Area: 8745.0000 Square Feet
  • Net Operating Income: 150095.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 7
  • Operating Expense: 59540.00
  • Rent Control: No
  • Total Expenses: 59540.00

Tax Info

  • Tax Block: U
  • Tax Census Tract: 6021.06
  • Tax Lot: 17
  • Tax Tract Number: 620...

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $2,600,000 -3.7% $410 / Sq Ft
08/18/2021 08/18/21 Price Changed $2,700,000 -3.4% $426 / Sq Ft
07/07/2021 07/07/21 For Sale $2,795,000 +128.2% $441 / Sq Ft
04/15/2014 04/15/14 Sold $1,225,000 +14.0% $193 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $1,075,000 -- $169 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Austin Zahn

    Seller's Agent in 2021

    Austin Zahn

    Lyon Stahl Investment Real Estate, Inc.

    (310) 613-1251

    2 in this area

    62 Total Sales

    Austin Zahn
    Section Image
  • Brett Lyon

    Buyer's Agent in 2021

    Brett Lyon

    Lyon Stahl Investment Real Estate, Inc.

    (310) 780-1899

    8 in this area

    147 Total Sales

    Brett Lyon
    Section Image
  • John Capiro

    Seller's Agent in 2014

    John Capiro

    Compass

    (310) 391-4544

    3 in this area

    42 Total Sales

    John Capiro
    Section Image

  • F

    Buyer's Agent in 2014

    Fran Baldwin

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21138610

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Hawthorne 90250

12128 Ramona Ave, Hawthorne, CA

This home is located at 12128 Ramona Ave, Hawthorne, CA 90250 since 07 July 2021. This property was built in 1963. 12128 Ramona Ave is a home located in Los Angeles County with nearby schools including Eucalyptus School, Hawthorne Middle School, and Hawthorne High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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