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Nancy DuShane-Bank

Hawaiian Gardens CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Hawaiian Gardens, CA is $615,000. This is lower than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Hawaiian Gardens, CA is $615,000. Approximately 43% of Hawaiian Gardens homes are owned, compared to 53% rented, while 4% are vacant. Hawaiian Gardens real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Hawaiian Gardens real estate agent to arrange a tour today!
Learn more about Hawaiian Gardens.


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Beds:
n/a
Baths:
Sq.Ft.:
3,427
Status:
Active
MLS#:
24412891
Type:
Business Opportunities
Lot size:
0.27 Acres
Year built:
2023
Listing Agent: John McCann - Lyon Stahl Investment Real Estate, Inc.
View additional info

Located at 21601 Norwalk Blvd in Hawaiian Gardens, this four-unit retail building presents an outstanding investment opportunity. Ideal for an investor seeking to add value and develop new possibilities, it is equally suited for an owner-user looking to expand their existing business or launch a new venture in the area. This property features both brand-new and well-maintained units. In 2023, the owner developed two entirely new units on the parcel, adding modern construction to the offering. The other two units, built in 1959, have been well kept by the owner, maintaining their charm and functionality. Currently, the property is fully occupied with three tenants, one of which occupies the two newly built units. Listed for sale at $1,725,000, the property is priced at $503 per square foot and $431,250 per unit. It generates a rental income of $6,997 per month, totaling $83,964 annually. This results in a 3.02% cap rate and a 20.54 GRM. Situated on a highly visible section of Norwalk Blvd, the property benefits from an average of +/- 26,000 cars driving by daily, ensuring significant exposure to potential customers. The property's proximity to notable landmarks such as the Hawaiian Gardens Casino, located just around the corner on Carson St, and the equally well-trafficked Hawaiian Gardens Bingo Club, less than half a mile down Norwalk Blvd, further enhances its appeal.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Based on information from CRISNet MLS as of 11/3/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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