21519 Norwalk Blvd is a perfect opportunity for a owner-user looking for a fair-priced building on a busy street location and equally well-positioned for a savvy investor to gain retail space with significant rental upside potential nearby the booming Hawaiian Gardens Casino. The property is currently fully occupied by an income tax professional in one unit and a boutique store in the other. This section of Norwalk Blvd in Hawaiian Gardens sees an average of +/- 26,000 cars driving by daily, making it a high-visibility location for prospective tenants or new business owners. With minor updates and strategic tenant placement, this building could see a 268% upside in value. Give us a call with any questions or interest. This property is well-priced for the area and we expect it to move quickly so get an offer in as soon as possible.
Located at 21601 Norwalk Blvd in Hawaiian Gardens, this four-unit retail building presents an outstanding investment opportunity. Ideal for an investor seeking to add value and develop new possibilities, it is equally suited for an owner-user looking to expand their existing business or launch a new venture in the area. This property features both brand-new and well-maintained units. In 2023, the owner developed two entirely new units on the parcel, adding modern construction to the offering. The other two units, built in 1959, have been well kept by the owner, maintaining their charm and functionality. Currently, the property is fully occupied with three tenants, one of which occupies the two newly built units. Listed for sale at $1,725,000, the property is priced at $503 per square foot and $431,250 per unit. It generates a rental income of $6,997 per month, totaling $83,964 annually. This results in a 3.02% cap rate and a 20.54 GRM. Situated on a highly visible section of Norwalk Blvd, the property benefits from an average of +/- 26,000 cars driving by daily, ensuring significant exposure to potential customers. The property's proximity to notable landmarks such as the Hawaiian Gardens Casino, located just around the corner on Carson St, and the equally well-trafficked Hawaiian Gardens Bingo Club, less than half a mile down Norwalk Blvd, further enhances its appeal.
RECENT PRICE ADJUSTMENT! SELLER WILLING TO CARRY NOTE! PLEASE CONTACT LISTING AGENT FOR MORE INFORMATION ON SELLER CARRY! Located at 21518 Norwalk Blvd in Hawaiian Gardens this two-unit retail building offers an incredible investment opportunity. Perfect for an investor looking to add-value and develop something new. Equally perfect for an owner user looking to expand upon the business they have in the area or to use this space as a launching platform for a new endeavor. This section of Norwalk Blvd in Hawaiian Gardens has an average of +/- 26,000 cars driving by on a daily basis, which means there are plenty of eyes that will fall on this building. With a quick facelift and potentially new tenants, this building has incredible potential. The Hawaiian Gardens Casino is a short distance around the corner on Carson St and the equally well-trafficked Hawaiian Gardens Bingo Club is less than half a mile down the street on Norwalk Blvd. With a combination of prime location, the potential for new development, and a price open to negotiation this building is truly a great opportunity.
***GREAT LOCATION FOR DISCOUNT STORE/IN STORE SHOPPING***. Conveniently located in a busy shopping plaza with many anchor tenants and plenty parkings in Hawaii Garden. Low rent for this bright 2,000sqft store with minimal maintenance to owner. Large storage room for inventory, private powder room for customers and employees. Back door access. In neighbor with Restaurants, Fitness center, UPS, schools and more. Just few minutes from freeway 605, The Garden Casino, this location offers endless possibilities for your store business including discount store, hobby store, nail store, or clothing stores and more.
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Brand new Office/Retail space for lease. Total 2500 SF can be subdivided into 1100 and 1400 sf. We are currently offering a full service net lease for $30.00/sf/yr with potential TI improvement or rent abatement for move-in periods.
The median home value in Hawaiian Gardens, CA is $652,000. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Hawaiian Gardens, CA is $652,000. Approximately 39.92% of Hawaiian Gardens homes are owned, compared to 56.52% rented, while 3.56% are vacant. Hawaiian Gardens real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hawaiian Gardens real estate agent to arrange a tour today!
Hawaiian Gardens, California has a population of 14,465. Hawaiian Gardens is more family-centric than the surrounding county with 33.3% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Hawaiian Gardens, California is $38,553. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Hawaiian Gardens is 30.9 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 46.1 degrees. The average rainfall is approximately 14 inches per year, with 0 inches of snow per year.