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$1,850,000
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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.
Full Property Details
Full Property Details for 12128 Ramona
General
- Sold For: $1,850,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26060586
- Added to Site: 52 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: 107 - Holly Glen/Del Aire
- County: Los Angeles
- Development Name: 107 - Holly Glen/Del Aire
- Driving Directions: B/W W 120TH ST & W BROADWAY
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 8
- # Electric Meters: 8
Structural Information
- Entry Location: GROUND
- Square Feet: 6,343
- Year Built: 1963
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
Unit 9
- Number of Units: 1
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.2008
- Lot Size Source: Assessor
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $291.66
- Price Per Unit: 222222
Listed by Lyon Stahl Investment Real Estate, Inc., Christopher Van Vuuren
Sold by Lyon Stahl Investment Real Estate, Inc., Austin Zahn
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Schools
Schools serving 12128 Ramona
| Name | Grades | Distance |
|---|---|---|
Eucalyptus School 12044 S. Eucalyptus Ave., Hawthorne, CA 90250 | K-5 | 0.1 mi |
Hawthorne Middle School 4366 West 129th Street, Hawthorne, CA 90250 | 6-8 | 0.6 mi |
Hawthorne High School 4859 West El Segundo Boulevard, Hawthorne, CA 90250 | 9-12 | 0.5 mi |
Leuzinger High School 4118 West Rosecrans Avenue, Lawndale, CA 90260 | 9-12 | 1.5 mi |
Lawndale High School 14901 South Inglewood Avenue, Lawndale, CA 90260 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12128 Ramona
Date
Details
Price
Change
Source
5/27/2026
Sold
$1,850,000
-7.5%
MLS
4/28/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12128 Ramona, Hawthorne, CA 90250 (MLS# SB26060586) is a Multi-Family property that was sold at $1,850,000 on May 27, 2026. Want to learn more about 12128 Ramona? Do you have questions about finding other Multi-Family real estate for sale in Hawthorne? You can browse all Hawthorne real estate or contact a Coldwell Banker agent to request more information.

