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Listed by Ixbalanque Garcia • Won Suk Kim Real Estate, Inc.
$3,200,000
Est. payment /mo
6,940 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,940 sqft
Price per Sqft $461
MLS Listing ID DW-26092304
Year Built 1957
Lot Size 0.908 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
RARE MULTI-PARCEL INVESTMENT | STRONG INCOME + DEVELOPMENT UPSIDE | 4 PARCELS ON ONE APN
Welcome to 21719–21733-21801 Hawaiian Ave, a unique and high-potential investment opportunity in the heart of Hawaiian Gardens. This offering consists of four parcels under one APN, providing a rare combination of existing income, multiple structures, and significant development potential.
The property features a diverse unit mix across the parcels:
21719 Hawaiian Ave: Single-Family Residence with additional development potential
21733 Hawaiian Ave: Main house + Junior ADU + Detached ADU
21801 Hawaiian Ave: 4-unit income property, all currently rented and producing steady cash flow
In addition, the property includes an empty lot and excess land, creating a prime opportunity for expansion. With the existing layout and zoning potential, investors may explore the ability to build approximately 6–8 additional units (buyer to verify with city).
Further enhancing the upside, the garage at 21801 Hawaiian Ave offers ADU conversion potential into a spacious 3-bedroom unit, allowing for increased rental income and higher overall NOI. This property is ideal for multiple strategies: Immediate cash-flow investment with existing rented units. Value-add play through ADU conversions and additional unit development
Long-term hold with strong appreciation and rental growth potential. Properties offering this combination of scale, unit mix, land value, and future development potential are extremely rare. Centrally located with convenient access to major freeways, shopping, and employment hubs.
Don't miss this opportunity to acquire a high-upside, multi-dimensional asset in a growing rental market.
Welcome to 21719–21733-21801 Hawaiian Ave, a unique and high-potential investment opportunity in the heart of Hawaiian Gardens. This offering consists of four parcels under one APN, providing a rare combination of existing income, multiple structures, and significant development potential.
The property features a diverse unit mix across the parcels:
21719 Hawaiian Ave: Single-Family Residence with additional development potential
21733 Hawaiian Ave: Main house + Junior ADU + Detached ADU
21801 Hawaiian Ave: 4-unit income property, all currently rented and producing steady cash flow
In addition, the property includes an empty lot and excess land, creating a prime opportunity for expansion. With the existing layout and zoning potential, investors may explore the ability to build approximately 6–8 additional units (buyer to verify with city).
Further enhancing the upside, the garage at 21801 Hawaiian Ave offers ADU conversion potential into a spacious 3-bedroom unit, allowing for increased rental income and higher overall NOI. This property is ideal for multiple strategies: Immediate cash-flow investment with existing rented units. Value-add play through ADU conversions and additional unit development
Long-term hold with strong appreciation and rental growth potential. Properties offering this combination of scale, unit mix, land value, and future development potential are extremely rare. Centrally located with convenient access to major freeways, shopping, and employment hubs.
Don't miss this opportunity to acquire a high-upside, multi-dimensional asset in a growing rental market.
Location
State CA
County Los Angeles
Area 54 - Hawaiian Gardens
Interior
Heating Ductless
Fireplaces Type Living Room
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Garage Spaces 6.0
Pool None
Community Features Street Lights
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900