$2,150,000
-$40,00012120 215th Street, Hawaiian Gardens CA 90716
Multi-Family (5 Units)
Property type
58 days
On market
$313
Price per sqft
5 cars
Garage
1980
Year built
5,206 sqft
Lot size
Home highlights
Open Houses
Overview
Price Reduction! Rare opportunity to acquire a well-maintained and professionally operated 1984-built multifamily asset offering strong, stable cash flow from day one. The property has been extensively improved, featuring fully remodeled interiors across all units within the past 2–3 years, along with brand new exterior paint and decking, creating a turnkey investment with...
Listing provided by: William Mulkey DRE #00986020 310-919-7554, TR Wealth Management Inc.
Listing updated: May 27, 2026 at 07:27pm.
Last checked: Jun 4, 2026 at 01:30pm
Source: CRMLS #SB26074589
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | 1 | $2,925 | — | $3,042 | Unfurnished |
| 1 | 3 | 2 | 1 | $3,575 | — | $3,718 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,940 | — | $3,058 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,974 | — | $3,093 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,500 | — | $2,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Dishwasher: 5
Ranges: 5
Rent Control: No
Units Leased: 5
Total Actual Rent: $14,774
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.0x
List Price / Annual Gross Rent
Cap Rate
5.8%
NOI / List Price
Gross Scheduled Income: $178,968
Vacancy Allowance: $5,369
Vacancy Allowance Rate: 3%
Operating Expense: $47,908
Net Operating Income: $125,691
Annual Operating Expenses
Electric: $165
Gardener: $1,200
Insurance: $4,535
Maintenance: $5,592
New Taxes: $26,875
Professional Management: $0
Trash: $6,420
Water / Sewer: $3,505
Interior
Interior Features: Ceiling Fans, Open Floor Plan, Quartz Counters, Recessed Lighting
Room Type: Kitchen, Primary Bathroom, Primary Bedroom
Flooring: Vinyl
Cooling: Central Air
Heating: Central, Forced Air, Natural Gas
Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Vented Exhaust Fan, Water Heater
Fireplace: None
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Levels: Two
Foundation: Raised
Construction Materials: Stucco, Copper Plumbing
Property Condition: Turnkey
Common Walls: One Common Wall
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Road Frontage Type: City Street
Road Surface Type: Alley Paved
Garage and Parking
Parking: Assigned, Covered, Garage
Garage Spaces: 5
Carport Spaces: 6
Parking Total: 11
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7065017027
Additional Parcels: No
Tax Lot: 103
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 12120 215th Street, Hawaiian Gardens, CA 90716. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,720,000
Total Interest
$2,193,765
Total Payment
$3,913,765
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,261
per month
Property History for 12120 215th Street
Hawaiian Gardens Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90716.
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