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Listed by Victor Ambriz Jr, DRE #00952349 • Keller Williams SELA
$ 1,140,000
Est. payment /mo
Price Dropped by $60K
12218 224th Hawaiian Gardens, CA 90716
5,095 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26075827
Year Built 1960
Lot Size 5,095 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
The SELLER says sell it! Price reduced by $60,000. 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 Al
Location
State CA
County Los Angeles
Area 54 - Hawaiian Gardens
Interior
Laundry None
Exterior
Pool None
Building
Lot Description Paved
Water Private
Others
Tax ID 7076034004
Special Listing Condition Not Applicable
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