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12705 Ramona Ave
Hawthorne, CA 90250 Hawthorne

Price Upon Request

Apartments For Sale  •  9,752 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,752 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1968
  • Zoning R3, Hawthorne
40 Transit Score
76 Walk Score

Highlights

Highly Desirable Hawthorne Location - West of Hawthorne Boulevard | Approximately 1 Mile from Northrup Grumman, Raytheon & El Segundo
Outstanding Unit Mix of (One) 3-Bedroom/1.75-Bathroom Unit, (Eight) 2-Bedroom/1.75-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units
5.02% Current Cap Rate & 13.22 Current GRM | 8.44% Pro-Forma Cap Rate & 9.02 Pro-Forma GRM
No Local Rent Control – Defaults to AB 1482 | 9,752-SF Apartment on an 8,782-SF Lot
Upgraded Electrical Subpanels | 15 Parking Spaces | On-Site Laundry Facility – Generates Additional Annual Income
Strong Neighboring Employment: SoFi Stadium, Intuit Dome, Los Angeles Times, Hollywood Park Tomorrow & LAX Airport

Financial Summary (Actual)

Net Operating Income: $148,146 USD (2024)
Total Expenses: $69,631 USD

Amenities

  • Laundry Facilities

Public Transportation

AirportDriveWalkDistance
Los Angeles International 10 min - 5.4 mi
Long Beach (Daugherty Field) 23 min - 15.9 mi
Bob Hope 39 min - 29.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Covered
Included in Rent: Yes