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Listed by William Mulkey, DRE #00986020 • TR Wealth Management Inc.
$ 2,150,000
Est. payment /mo
Price Dropped by $40K
12120 215th ST Hawaiian Gardens, CA 90716
5,206 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26074589
Year Built 1980
Lot Size 5,206 Sqft
Source California Regional MLS
Property Description
Price Reduction! Rare opportunity to acquire a well-maintained and professionally operated 1984-built multifamily asset offering strong, stable cash flow from day one. The property has been extensively improved, featuring fully remodeled interiors across all units within the past 2-3 years, along with brand new exterior paint and decking, creating a turnkey investment with minimal deferred maintenance. Spanning approximately 6,871 square feet, the asset offers an excellent unit mix of two 3-bedroom/2-bath units and three 2-bedroom/1-bath units. Units are exceptionally large, (1505, 2101, 1093, 968, and 1196 square feet according to most recent appraisal). These spacious floor plans cater to family-oriented tenants and contribute to long-term occupancy and stable tenancy. The property is well parked and efficiently designed, with a total of 11 on-site parking spaces, including five single-car garages in the front and six gated tuck-under spaces accessed from the rear alley. This ample parking configuration enhances tenant satisfaction and supports strong retention. Operationally, the asset is highly efficient with separately metered gas and electricity, individual water heaters for each unit, and a history of well-vetted residents. The combination of strong in-place inco
Location
State CA
County Los Angeles
Area 54 - Hawaiian Gardens
Rooms
Kitchen Dishwasher, Hood Over Range, Other, Exhaust Fan, Oven Range - Gas, Oven - Gas
Interior
Heating Forced Air, Gas, Central Forced Air
Cooling Central AC
Laundry None
Exterior
Parking Features Assigned Spaces, Covered Parking, Garage
Garage Spaces 11.0
Pool 31, None
View Other
Building
Foundation Raised
Water Hot Water, District - Public
Others
Tax ID 7065017027
Special Listing Condition Not Applicable
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