Hawaiian Gardens (54) Homes with Mixed Use Subtype

Welcome to Hawaiian Gardens, a hidden gem nestled in the vibrant heart of Los Angeles County, California. This charming city boasts a rich cultural tapestry and a warm community spirit, making it an ideal place for families, young professionals, and retirees alike. With its convenient location just minutes away from major urban centers like Long Beach and Los Angeles, Hawaiian Gardens offers the perfect blend of suburban tranquility and urban accessibility.

One of the standout features of Hawaiian Gardens is its diverse housing market, particularly the availability of homes with a mixed-use subtype. These unique properties provide residents with the opportunity to live, work, and play all in one space. Imagine waking up in your beautifully designed home, stepping out to your own office or creative studio, and enjoying the convenience of nearby shops and restaurants—all within walking distance! This innovative living arrangement is perfect for entrepreneurs, artists, or anyone looking to maximize their lifestyle.

Hawaiian Gardens is also known for its lush parks, community events, and friendly neighborhoods, fostering a strong sense of belonging among residents. With a variety of local amenities, including schools, shopping, and recreational facilities, you’ll find everything you need right at your fingertips.

Whether you’re seeking a cozy family home, a vibrant mixed-use property, or a place to start your business, Hawaiian Gardens offers an inviting atmosphere and a promising future. Explore the possibilities today and discover why so many are choosing to call this delightful city their home!

Newest Hawaiian Gardens (54) Homes with Mixed Use Subtype

$2,100,000

SB26212364 MLS ⋅ Active Status

Back on the market with another price reduction! Rare opportunity to acquire a well maintained and professionally operated multifamily property offering a 6% going-in cap rate with potential upside to over a 7% cap rate at market. Built in 1980, this approximately 6,871 square foot property offers strong in place cash flow, recent capital improvements, exceptionally large units and additional upside potential. The property features an excellent unit mix of two 3 bedroom, 2 bath units and three 2 bedroom, 1 bath units. A major highlight is the exceptionally large interior living spaces. Per the most recent appraisal, the units measure approximately 1,505, 2,101, 1,093, 968 and 1,196 square feet. These unusually spacious floor plans provide an attractive rental offering for families and long term tenants. All five units have been fully remodeled within the past 2 to 3 years. Recent exterior improvements include brand new exterior paint and decking, helping minimize near term maintenance needs. The property offers 11 onsite parking spaces, including five single car garages in front and six gated tuck under spaces accessed from the rear alley. Separately metered gas and electricity and individual water heaters for each unit provide additional operating efficiency. Additional money could come from garage rentals in the future. The property has a history of well vetted residents and offers investors the opportunity to acquire a stabilized income producing asset with substantial improvements already completed. At the current pricing, the property provides approximately a 6% cap rate based on existing operations, with potential to reach approximately a 7% cap rate at market rents. Additional upside may be available through organic rent growth, rental of select garage spaces, laundry installation, and potential ADU development utilizing existing garage space, subject to buyer verification and applicable city requirements. An excellent opportunity to acquire a multifamily asset with exceptionally large units, a desirable unit mix, recent renovations, ample parking, strong current cash flow and multiple avenues for future income growth at less than replacement cost!

12120 215th Street, Hawaiian Gardens

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.