Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lots in Hawaiian Gardens Title is generated by Realmo AI

    12342 Brittain, Hawaiian Gardens, CA 90716

    View on Map
    Claim this Listing
    For Sale
    $1,499,999

    Land/Lot - Hawaiian Gardens, CA

    Lot size:
    21,215.00 Acres
    Added:
    Feb 26, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 3 at 6:06 am

    Property Features for 12342 Brittain

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Community Features Included: Suburban
    Standard status
    Active
    APN
    7076017006
    Lot size
    21,215.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Craig Wallace
    Craig Wallace

    Listing agent Craig Wallace License #01930723

    Listing office Think Boutiq Real Estate 4478 Cerritos Ave, Los Alamitos, CA

    Listing date Feb 26, 2026

    MLS# RS26039658 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Three Contiguous Residential Lots: Offering a substantial land area.
    • HGR2 Zoning: May allow for residential or multifamily development.
    • Existing Rental House: Provides immediate rental income potential.
    • Located in Hawaiian Gardens: Situated in a suburban community.
    • Sold Primarily for Land Value: Presents an opportunity for redevelopment or new construction.
    • Includes Lots 6, 7, and 8: Clearly defines the included parcels.

    Overview

    This offering presents an opportunity to acquire three contiguous residential lots in Hawaiian Gardens, California. The lots, designated as Lots 6, 7, and 8, are zoned HGR2 (Medium Density Residential). Note that Lot 9 to the east is not included in the sale. The buyer will be responsible for confirming and completing any required parcel split and new APN assignment. The combined lot size is approximately 0.487 acres. Lot 6, the westernmost parcel, features an existing rental house and an older, unused emergency shelter structure. All improvements are being sold in their present "as-is" condition. The HGR2 zoning designation may allow for residential or multifamily development, subject to city standards, density limitations, parking requirements, setbacks, utility availability, and all applicable state and local regulations. Development potential is not guaranteed. The property is being sold primarily for land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hawaiian Gardens
    County
    Los Angeles
    State
    California
    Longitude
    -118.0682923
    Latitude
    33.8245439

    Nearby Similar for Sale

    • $1,140,000
      3,000 SF

      Four-Unit Multifamily Property

      Multifamily property with strong income in a growing market.
      12218 224th, Hawaiian Gardens, CA 90716
      View Details
    • $750,000
      1,214 SF

      Duplex in Hawaiian Gardens

      Fully rented duplex with long-term tenants in Hawaiian Gardens.
      12127 216th, Hawaiian Gardens, CA 90716
      View Details
    • $950,000
      1,900 SF

      Duplex with Backyard in Hawaiian Gardens

      Two-unit property with updated features and convenient location.
      22438 Claretta, Hawaiian Gardens, CA 90716
      View Details
    • $750,000
      1,950 SF

      Duplex in Hawaiian Gardens

      Fully rented duplex with immediate income potential in Hawaiian Gardens.
      12109 216th, Hawaiian Gardens, CA 90716
      View Details
    • $6,000,000
      12,048 SF

      Hawaiian Gardens Commercial Property

      Commercial property for sale in Hawaiian Gardens, California.
      12001 Carson, Hawaiian Gardens, CA 90716
      View Details
    • $2,250,000
      6,871 SF

      Turnkey Multifamily Asset For Sale

      Well-maintained multifamily property with remodeled interiors and strong cash flow.
      12120 215th St, Hawaiian Gardens, CA 90716
      View Details
    • $1,250,000
      3,000 SF

      Four-Unit Multifamily Property

      Four-unit multifamily property with strong income and convenient location.
      12218 224th, Hawaiian Gardens, CA 90716
      View Details
    • $1,995,000
      8,790 SF

      Retail Investment Property For Sale

      Multi-tenant retail property with stable income and appreciation potential.
      11801-11813 Carson St, Hawaiian Gardens, CA 90716
      View Details
    • $1,750,000

      Land for Sale

      Land available in Hawaiian Gardens, CA.
      12342 Brittain, Hawaiian Gardens, CA 90716
      View Details
    • $1,050,000

      Duplex with Backyard and Garage

      Two-unit property near amenities with updated features.
      22438 Claretta, Hawaiian Gardens, CA 90716
      View Details
    • $790,000

      Hawaiian Gardens Single-Story Duplex

      Well-maintained duplex in prime location with reliable tenants.
      22314 Joliet, Hawaiian Gardens, CA 90716
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Three contiguous residential lots zoned for medium-density development.
    Where is this residential land & home lot located?
    The property is located at 12342 Brittain Hawaiian Gardens, CA.
    What is the asking price?
    The asking price for this property is $1,499,999.
    What are key features of this property?
    This property features: Three Contiguous Residential Lots: Offering a substantial land area.; HGR2 Zoning: May allow for residential or multifamily development.; Existing Rental House: Provides immediate rental income potential.
    (562) 673-1138
    We can help!
    Listing Contact
    Craig Wallace
    Craig Wallace
    Real Estate License ID: 01930723
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12342 Brittain, Hawaiian Gardens, CA 90716
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!