12128 RAMONA, HAWTHORNE, CA 90250

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.