12120 215th St, Hawaiian Gardens, CA 90716

12120 215th St, Hawaiian Gardens, CA 90716

Hawaiian Gardens, CA

Property Description

BACK ON THE MARKET PENDING CANCELLATION OF CURRENT ESCROW. BUYER COULD NOT PERFORM!! First time on the market in 32 years!! Only $189 per square foot!! This is one of the best deals on the market!! Excellent Unit Mix of Two 3-bedroom/ 2-bathroom units and Three 2 -Bedroom/ 1-bathroom units. All units are over 1,000 sqft with balconies and plenty of parking. It is located in one of the stable rental markets in the city Hawaiian Gardens!! Low vacancy with potential in rental income. Easy access to freeways and Long Beach town center. Close to Downtown Long Beach, Cerritos, Artesia, and Cypress. Hurry this property wont last long. *Drive-By ONLY* PLEASE DON’T DISTURB

Property Features

  • Sale Price: $1,300,000
  • Area Size: 6,871 SF
  • Land Area: 5,206 SF
  • Year Built: 1980
  • Listing Date: 9/9/2020
  • Units: 5
  • Current GRM: 18.28
  • Current Cap Rate: 2.89
  • Price Per Unit: $260,000
  • Market GRM: 10.12
  • Market Cap Rate: 7.13%
  • Current NOI: $37,167

Lyon Stahl Investment Real Estate

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