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12100 226th St
Hawaiian Gardens, CA 90716 ABC

$26,000,000 USD

Apartments For Sale  •  91,779 SF

Property Details

  • Property Type Apartments
  • Total Building Size 91,779 SF
  • Lot Size 2.47 AC
  • Building Class B
  • Year Built 1990
  • Cap Rate 4.17 %
  • Zoning R2
0 Transit Score
72 Walk Score

Highlights

Active Adult Senior Apartments for the 55 and Over Community
Built in 1990
Attractive Unit Mix of One- & Two-Bedroom Floor Plans
Value-Add Opportunity with Significant Rental Upside
Desirable Unit Features Include Private Patios/Balconies, Ceiling Fans, Dishwashers, Central Heat & A/C & More
Prime Hawaiian Gardens Location Adjacent to Los Alamitos, Long Beach, Cypress and La Palma

Financial Summary (Actual)

Net Operating Income: $1,083,351 USD (2023)
Cap Rate: 4.17 %
Total Expenses: $744,944 USD

Amenities

  • Air Conditioning
  • Cable Ready
  • Controlled Access
  • Clubhouse
  • Courtyard
  • Dishwasher
  • Laundry Facilities
  • Property Manager on Site
  • Heating
  • Ceiling Fans
  • Kitchen
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Elevator
  • Online Services
  • Recreation Room
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 7.5 mi
Buena Park (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 8.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 105
Type: Covered
Included in Rent: Yes
Doug Rodermund 949-295-8560 Morgan-Skenderian Investment Real Estate Group
Doug Rodermund 949-295-8560 Morgan-Skenderian Investment Real Estate Group