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12218 224th Street, Hawaiian Gardens, CA 90716

Commercial property · 2 recorded sales since 2015

12218 224th Street, Hawaiian Gardens, CA 90716 Sold May 2015 CRMLS
$550,000Sold May 2015

Listing Agent: FRANCISCO DEGUZMAN (DRE #01368177) · Listing Office: RE/MAX INNOVATIONS · Contact: 909-592-7355 · Bought with: FRANCISCO DEGUZMAN · RE/MAX INNOVATIONS · MLS #CC330994 · Source: CRMLS

3,000
Building Sq Ft
4
Units
5.43%
Cap Rate
$43,160
NOI
5,095 sqft
Lot Size
1960
Year Built
Commercial property
Type

About this commercial property

Four unit apartment in Hawaiian Gardens. There are 2 bedrooms and 1 bath in each unit. There are individual washer and dryer hookups in each unit so tenants do not have to go to the laundromat. There are also separate electric meters, separate gas meters, and a water heater in each unit. Each unit comes with 2 car tandem parking spaces with a carport covering one of the spaces. The apartment has gated access and a light sensor for security. It is conveniently located close to shops, restaurants and the freeway. All units have good tenants and are fully occupied. There is no rent control and there is also room for rent increase.

Listing description from the May 2015 sale, as reported to CRMLS.

Sale history

$550,000
Sold May 2015 · listed $599,900, orig. $895,000, on market November 2013 · MLS #CC330994 · Source: CRMLS
Listing Agent: FRANCISCO DEGUZMAN · Listing Office: RE/MAX INNOVATIONS · Contact: 909-592-7355 · Bought with: FRANCISCO DEGUZMAN · RE/MAX INNOVATIONS
$550,000
Sold May 2015 · listed $599,900, on market November 2014 · MLS #CV14237420 · Source: CRMLS
Listing Agent: FRANCISCO DEGUZMAN · Listing Office: RE/MAX INNOVATIONS · Contact: 909-592-7355 · Bought with: FRANCISCO DEGUZMAN · RE/MAX INNOVATIONS
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