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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,200,000

Est. payment - /mo

5,096 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26075827

HOA Y/N No

Year Built 1960

Lot Size 5,096 Sqft

Property Sub-Type Quadruplex

Property Description

The SELLER says sell it! Price reduced by $50,000. in the beautiful city of Hawaiian Gardens. Each unit has 2 bedroom 1bath each.
A steady income asset in a market that continues to gain momentum.
This 4-unit multifamily property offers a clean, highly functional unit mix, strong in-place income, and a location that continues to attract both renters and long-term investors. The asset consists of four (4) two-bedroom / one-bathroom units within an approximately 3,000 square foot, two-story building situated on a 5,227 square foot lot.

The property is currently generating $70,200 in annual gross income, supported by a stable tenant base and a layout that consistently performs well within the local rental market. With eight (8) total parking spaces, the asset provides a practical amenity set that aligns with tenant expectations and supports long-term occupancy.

Positioned with immediate access to the Interstate 605, the property benefits from strong regional connectivity to both Los Angeles and Orange County employment centers. Additionally, its proximity to major retail and lifestyle amenities, including the Long Beach Towne Center and El Dorado Regional Park enhances its appeal to a broad tenant base.

Bordering high-income and highly desirable communities such as Los Alamitos, Cypress, Cerritos, Lakewood, and the eastern portion of Long Beach, Hawaiian Gardens benefits from its proximity to stronger surrounding markets while offering a more accessible entry point for investors.

The area continues to show clear signs of growth and increasing demand. Recent developments, including the Holiday Inn Express & Suites Hawaiian Gardens, along with ongoing commercial improvements along the Carson Street corridor, signal growing investor confidence and long-term upside.

From an investment standpoint, the offering presents a balanced profile, delivering stable cash flow today while maintaining the ability to capture future rental growth in a strengthening submarket

Location

State CA

County Los Angeles

Area 54 - Hawaiian Gardens

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Park, Storm Drain(s), Street Lights, Sidewalks

Private Pool No

Building

Lot Description Landscaped, Paved

Story 2

Sewer Public Sewer

Water Private

New Construction No

Others

Senior Community No

Tax ID 7076034004

Energy Description 1000.0

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Victor Ambriz Jr Keller Williams SELA 562-842-7248, DRE #00952349

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12218 224th Hawaiian Gardens, CA 90716