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12120 215th Street

Hawaiian Gardens, CA 90716
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Bed 0

Bed

Bath 0

Bath

SqFt6,871

Sqft

SqFt5,206

Sqft(Lot)

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 propert y 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 income, quality tenancy, and recent capital improvements positions this property as a low-maintenance, stabilized investment. In addition to its current performance, the property offers clear upside potential through continued organic rent growth, operational efficiencies, and possible ADU development utilizing existing garage space (buyer to verify). Also, a few garages could be rented out and laundry might be installed inside units or outside if allowed by city for more income. Ideal for investors seeking a well-located, income-producing asset with large unit sizes, solid fundamentals, and long-term growth potential.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,150,000

AD Id : 76869940

MLS Id : SB26074589

Lot Size : 5,206 Sqft

Living Area Size : 6,871

Year Built : 1980

Garage : 5

County : Los Angeles

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Feature Features

  • Interior Features

    Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting
    Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Vented Exhaust Fan, Water Heater
    Laundry Features: None
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1980
    Building Area Total: 6871
    Construction Materials: Stucco, Copper Plumbing
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5206 Lot Size Acres: 0.1195 Lot Size Source: Public Records Lot Size Square Feet: 5,206 Lot Description: 0-1 Unit/Acre

  • Listing Price Information

    Listing Price: $2150000
    Original Price: $2250000
    Cash, Cash to New Loan, Conventional

  • Tax Information

    Parcel Number: 7065017027 Tax Lot: 103

  • Parking Information

    Parking Total: 11 Assigned, Covered, Garage

    Garage Information

    Has Garage: Yes Garage Space: 5

  • Utility Information

    Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Location Information

    Direction: 605 north & exit carson st st turn right east, then turnleft on Norwalk B. & turn left onto 215th st. WaterSource: Public Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
12550 Carson Street #43, Hawaiian Gardens, CA, 90716 $180,000 2 1 880 880 SqFt
12550 Carson Street #65, Hawaiian Gardens, CA, 90716 $219,000 2 1 960 960 SqFt
12248 212th Street, Hawaiian Gardens, CA, 90716 $774,000 3 2 1,277 1,277 SqFt
12239 Brittain, Hawaiian Gardens, CA, 90716 $899,900 4 2 1,416 1,416 SqFt
22426 Devlin, Hawaiian Gardens, CA, 90716 $575,000 2 1 627 627 SqFt

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ByOwner last updated this listing 08/19/2026 @ 05:54

MLS: SB26074589 LISTED BY: William Mulkey, TR Wealth Management Inc. 310-316-1014 SOURCE: CRMLS

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