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Claire De Lune Apartments 12128 Ramona Ave 9 Unit Apartment Building $2,733,880 CAD ($303,764 CAD/Unit) 7.42% Cap Rate Hawthorne, CA 90250
Investment Highlights
- SUBMIT ALL OFFERS | CALL FOR OFFERS 5/3/26
- High Yield Opportunity – Attractive going-in metrics at 8.82 GRM and 7.54% cap rate based on stabilized operations
- Prime Location – minutes from SoFi Stadium, Intuit Dome, the Forum, SpaceX, Amazon Services, Ring, Boeing, Northrop Gruman, LAX
- Immediate Upside – Significant vacancy upside with five units delivered vacant, allowing immediate mark-to-market rent adjustments
- Attractive Unit Mix – Diverse and functional unit mix including four 2-bedroom units, three 1-bedroom units, and two non-conforming studios
Executive Summary
SUBMIT ALL OFFERS | CALL FOR OFFERS 5/3/26 | CALL/EMAIL LISTING AGENT FOR MORE DETAILS
The Van Vuuren Investment Group of Lyon Stahl are pleased to present 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) non-conforming studio units, together creating a versatile rental profile that appeals to singles, couples, and small families. Five units will be delivered vacant at closing, 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 parking spaces, an increasingly scarce amenity in the submarket, further enhancing tenant demand and retention.
12128 Ramona Avenue is priced at an attractive 8.82 GRM and 7.42% cap rate on projected stabilized income, with a compelling basis of $315.31 per square foot. The financials assume the lease-up of all vacant units at market rents, providing clear visibility into the path to stabilization and cash flow growth. This opportunity is particularly well suited for all-cash buyers, private money, and bridge financing buyers, as well as local operators and 1031 exchange investors seeking to redeploy capital into a non-Los Angeles rent control jurisdiction with strong underlying fundamentals. Please note this property does not qualify for conventional financing. Buyers are encouraged to confirm their financing ability prior to submitting an offer.
*Property is a legal 7-unit with 2 non-conforming studio units. Seller purchased the property in its current configuration and has not done any conversions. Buyer to verify unit count, zoning compliance, and permitting status with the City of Hawthorne.
All financial information is based on estimates and has not been independently verified. Buyer to conduct independent due diligence. Property is subject to a Notice of Default. Sale may be subject to lender cooperation.
The Van Vuuren Investment Group of Lyon Stahl are pleased to present 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) non-conforming studio units, together creating a versatile rental profile that appeals to singles, couples, and small families. Five units will be delivered vacant at closing, 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 parking spaces, an increasingly scarce amenity in the submarket, further enhancing tenant demand and retention.
12128 Ramona Avenue is priced at an attractive 8.82 GRM and 7.42% cap rate on projected stabilized income, with a compelling basis of $315.31 per square foot. The financials assume the lease-up of all vacant units at market rents, providing clear visibility into the path to stabilization and cash flow growth. This opportunity is particularly well suited for all-cash buyers, private money, and bridge financing buyers, as well as local operators and 1031 exchange investors seeking to redeploy capital into a non-Los Angeles rent control jurisdiction with strong underlying fundamentals. Please note this property does not qualify for conventional financing. Buyers are encouraged to confirm their financing ability prior to submitting an offer.
*Property is a legal 7-unit with 2 non-conforming studio units. Seller purchased the property in its current configuration and has not done any conversions. Buyer to verify unit count, zoning compliance, and permitting status with the City of Hawthorne.
All financial information is based on estimates and has not been independently verified. Buyer to conduct independent due diligence. Property is subject to a Notice of Default. Sale may be subject to lender cooperation.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Storage Space
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 4 | - | - |
| Studios | 2 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4041-005-011 | Improvements Assessment | $2,312,855 CAD (2025) |
| Land Assessment | $1,445,535 CAD (2025) | Total Assessment | $3,758,390 CAD (2025) |
Property Taxes
Parcel Number
4041-005-011
Land Assessment
$1,445,535 CAD (2025)
Improvements Assessment
$2,312,855 CAD (2025)
Total Assessment
$3,758,390 CAD (2025)
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Claire De Lune Apartments | 12128 Ramona Ave
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