Active

12218 224th

Hawaiian Gardens, CA 90716
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Bed 8

Bed

Bath 4

Bath

SqFt3,000

Sqft

SqFt5,095

Sqft(Lot)

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 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

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,140,000

AD Id : 76870251

MLS Id : DW26075827

Beds : 8

Lot Size : 5,095 Sqft

Living Area Size : 3,000

Year Built : 1960

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Private Sewer: Public Sewer

  • Building Information

    Year Built: 1960 Building Area Total: 3,000
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.117
  • Lot Size Source: Assessor Lot Size Square Feet: 5095

  • Listing Price Information

    Original List Price: 1,140,000 Listing Contract Date: 2026-04-07
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7076034004

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 54 - Hawaiian Gardens Directions: Norwalk Blvd Source Property Type: Residential Income Area: 54 - Hawaiian Gardens Property SubType: Quadruplex
  • Building and Construction

    Property Age: 66 Common Walls: 1 Common Wall Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
22438 Claretta, Hawaiian Gardens, CA, 90716 $950,000 5 2 1,900 1,900 SqFt
12127 216th, Hawaiian Gardens, CA, 90716 $750,000 5 3 1,214 1,214 SqFt
12109 216th, Hawaiian Gardens, CA, 90716 $750,000 4 2 1,950 1,950 SqFt
22314 Joliet Avenue, Hawaiian Gardens, CA, 90716 $749,990 4 2 1,600 1,600 SqFt

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ByOwner last updated this listing 06/12/2026 @ 23:18

MLS: DW26075827 LISTED BY: Victor Ambriz Jr, Keller Williams SELA 562-334-1500 SOURCE: CRMLS

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