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12128 Ramona

Hawthorne, CA 90250
  • $2,000,000
  • STATUS: Pending
  • ON SITE: 14 Days
  • ID#: SB26060586
Pending
UPDATED: 24 min ago
$2,000,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Christopher Van Vuuren of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

12128 Ramona Avenue, a value-add nine-unit apartment complex on a quiet, low-density street in Hawthorne, California. Ideally positioned in the highly walkable Ramona neighborhood, the property offers residents convenient access to neighborhood amenities, employment hubs, and major transportation corridors, while providing investors an immediately actionable upside story through lease-up and repositioning.The asset features a desirable unit mix of four (4) spacious 2-bedroom/1-bath units, three (3) 1-bedroom/1-bath units, and two (2) studio units, together creating a versatile rental profile that appeals to singles, couples, and small families. Five units will be delivered ready for new tenants, allowing a new owner to bring rents to market levels without relying on tenant turnover or costly buyouts. The property also offers seven on-site covered parking spaces, an increasingly scarce amenity in the submarket, further enhancing tenant demand and retention.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T17:37:37.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175889357
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12128 Ramona Hawthorne, CA 90250

  • Price: $2,000,000
  • Status: Pending
  • On Site: 14 Days
  • Updated: 24 min ago
  • ID#: SB26060586
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1963
Built
Neighborhood:
107 - Holly Glen/Del Aire
County:
Los Angeles
Area:
107 - Holly Glen/Del Aire
Property Description
12128 Ramona Avenue, a value-add nine-unit apartment complex on a quiet, low-density street in Hawthorne, California. Ideally positioned in the highly walkable Ramona neighborhood, the property offers residents convenient access to neighborhood amenities, employment hubs, and major transportation corridors, while providing investors an immediately actionable upside story through lease-up and repositioning.The asset features a desirable unit mix of four (4) spacious 2-bedroom/1-bath units, three (3) 1-bedroom/1-bath units, and two (2) studio units, together creating a versatile rental profile that appeals to singles, couples, and small families. Five units will be delivered ready for new tenants, allowing a new owner to bring rents to market levels without relying on tenant turnover or costly buyouts. The property also offers seven on-site covered parking spaces, an increasingly scarce amenity in the submarket, further enhancing tenant demand and retention.
Exterior Features

Carport Spaces 5 Carport YN Yes Entry Level 1 Entry Location GROUND Lot Features Rectangular Lot Number Of Separate Electric Meters 8 Parking Total 7 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 7.42 Common Interest Community Apartment Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 229188 Gross Scheduled Income 229188 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 148353 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 74031 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Notice Of Default Trash Expense 0 Vacancy Allowance 6804 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T17:37:37.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
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Hemet CA, 92545
Listing Agent(s): Christopher Van Vuuren of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)