Active

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 : Residential Income

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

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: Ceiling Fan(s),Open Floorplan,Quartz Counters,Recessed Lighting Property Appliances: Dishwasher,Gas Oven,Gas Range,Gas Water Heater,Range Hood,Vented Exhaust Fan,Water Heater Fireplace: None Flooring: Vinyl
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central,Forced Air,Natural Gas Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1980 Building Area Total: 6,871 Construction: Stucco,Copper Plumbing
  • Foundation

    Raised

    Security Features

    Carbon Monoxide Detector(s),Smoke Detector(s)
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1195
  • Lot Size Source: Public Records Lot Size Square Feet: 5206

  • Listing Price Information

    Original List Price: 2,150,000 Listing Contract Date: 2026-04-06
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7065017027

  • Garage and Parking

    Garage Description: Assigned,Covered,Garage

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 54 - Hawaiian Gardens Directions: 605 north & exit carson st st turn right east, then turnleft on Norwalk B. & turn left onto 215th st. Source Property Type: Residential Income Area: 54 - Hawaiian Gardens Property SubType: Mixed Use
  • Building and Construction

    Property Age: 46 Common Walls: 1 Common Wall Property Condition: Turnkey Structure Type: Mixed Use Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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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
12239 Brittain, Hawaiian Gardens, CA, 90716 $949,900 4 2 1,416 1,416 SqFt

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ByOwner last updated this listing 06/24/2026 @ 05:43

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

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