12218 224th Hawaiian Gardens, CA 90716

This four-unit multifamily property is a steady income asset in a market that continues to gain momentum. The property features a functional unit mix and strong in-place income. The asset consists of four two-bedroom, one-bathroom units within an approximately 3,000 square foot, two-story building situated on a 5,227 square foot lot. The property is currently generating $70,200 in annual gross income, supported by a stable tenant base. There are eight total parking spaces. Positioned with immediate access to the Interstate 605, the property benefits from regional connectivity to both Los Angeles and Orange County employment centers. Its proximity to major retail and lifestyle amenities, including the Long Beach Towne Center and El Dorado Regional Park, enhances its appeal to a broad tenant base. Hawaiian Gardens benefits from its proximity to stronger surrounding markets while offering a more accessible entry point for investors. Recent developments, including the Holiday Inn Express & Suites Hawaiian Gardens, along with ongoing commercial improvements along the Carson Street corridor, signal growing investor confidence and long-term upside. The property delivers stable cash flow while maintaining the ability to capture future rental growth in a strengthening submarket. The bike score is 67, making it bikeable. The walk score is 71, indicating it is very walkable, and the transit score is 37, suggesting some transit options are available.