12120 215th Street, Hawaiian Gardens, CA 90716
Local realty services provided by:Better Homes and Gardens Real Estate Champions
12120 215th Street,Hawaiian Gardens, CA 90716
$2,150,000
- - Beds
- - Baths
- 6,871 sq. ft.
- Multi-family
- Active
Listed by: william mulkey
Office: tr wealth management inc.310-316-1014
MLS#:SB26074589
Source:CRMLS
Price summary
- Price:$2,150,000
- Price per sq. ft.:$312.91
About this home
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 property 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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Home facts
- Year built:1980
- Listing ID #:SB26074589
- Added:49 day(s) ago
- Updated:May 28, 2026 at 03:34 AM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Gas Oven, Gas Range, Range Hood, Vented Exhaust Fan
- Living area:6,871 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1980
- Building area:6,871 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Copper Plumbing, Stucco
- Foundation Description:Raised
- Levels:2 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,150,000
- Price per sq. ft.:$312.91
Features and amenities
- Appliances:Dishwasher
- Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Gas Water Heater, Open Floor Plan, Quartz Counters, Recessed Lighting, Water Heater
Parking
- Total parking spaces:11
- Parking description:6 Carport Space(s), Assigned, Covered, Garage
- Garage:Yes
- Garage spaces:5
- Carport spaces:6
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