$1,140,000
-$60,00012218 224th, Hawaiian Gardens CA 90716
Multi-Family (Fourplex)
Property type
58 days
On market
$380
Price per sqft
0 cars
Garage
1960
Year built
5,095 sqft
Lot size
Open Houses
Overview
The SELLER says sell it! Price reduced by $60,000. in the beautiful city of Hawaiian Gardens. Each unit has 2 bedroom 1bath each. A steady income asset in a market that continues to gain momentum. This 4-unit multifamily property offers a clean, highly functional unit mix, strong in-place income, and a location that continues to attract both renters and long-term...
Listing provided by: Victor Ambriz Jr DRE #00952349 562-842-7248, Keller Williams SELA, Leslie Ambriz DRE #02398785 562-522-0782, Keller Williams SELA
Listing updated: May 26, 2026 at 08:44pm.
Last checked: Jun 5, 2026 at 10:00pm
Source: CRMLS #DW26075827
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,500 | $1,500 | $2,345 | Furnished |
| 1 | 2 | 1 | — | $1,450 | $1,450 | $2,345 | Furnished |
| 1 | 2 | 1 | — | $1,450 | $1,450 | $2,345 | Furnished |
| 1 | 2 | 1 | — | $1,450 | $1,450 | $2,345 | Furnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
16.2x
List Price / Annual Gross Rent
Cap Rate
4.41%
NOI / List Price
Gross Scheduled Income: $70,200
Operating Expense: $19,944
Net Operating Income: $50,256
Annual Operating Expenses
Electric: $1,840
Fuel: $1,000
Insurance: $1,500
Trash: $1,400
Water / Sewer: $4,000
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Landscaped, Paved
Pool: None
Water Source: Private
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7076034004
Additional Parcels: No
Tax Lot: 10
Tax Block: J
Community
Senior Community: No
Community Features: Park, Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 12218 224th, Hawaiian Gardens, CA 90716. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$912,000
Total Interest
$1,163,206
Total Payment
$2,075,206
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,102
per month
Property History for 12218 224th
Hawaiian Gardens Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90716.
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