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Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB21138610
Sold Date 11/01/21
Bedrooms 7
HOA Y/N No
Lot Size 8,745 Sqft
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!
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 Hawthorne (90250)
Zoning Other
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $2,650
Listing Terms Cash
Financing Exchange
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Brett Lyon • Lyon Stahl Investment Real Estate, Inc.