Home | Los Angeles County | Hawaiian Gardens | 90716 | 12120 215th St
MLS: CRSB26212364 | Status: | Price: $2,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 5,206 | 1980 |
Back on the market with another price reduction! Rare opportunity to acquire a well maintained and professionally operated multifamily property offering a 6% going-in cap rate with potential upside to over a 7% cap rate at market. Built in 1980, this approximately 6,871 square foot property offers strong in place cash flow, recent capital improvements, exceptionally large units and additional upside potential. The property features an excellent unit mix of two 3 bedroom, 2 bath units and three 2 bedroom, 1 bath units. A major highlight is the exceptionally large interior living spaces. Per the most recent appraisal, the units measure approximately 1,505, 2,101, 1,093, 968 and 1,196 square feet. These unusually spacious floor plans provide an attractive rental offering for families and long term tenants. All five units have been fully remodeled within the past 2 to 3 years. Recent exterior improvements include brand new exterior paint and decking, helping minimize near term maintenance needs. The property offers 11 onsite parking spaces, including five single car garages in front and six gated tuck under spaces accessed from the rear alley. Separately metered gas and electricity and individual water heaters for each unit provide additional operating efficiency. Additional
| Field | Value |
|---|---|
| MLS # | CRSB26212364 |
| MLS Source | California Regional MLS |
| Days on Site | 9 |
| Feature | Details |
|---|---|
| Kitchen | Exhaust Fan |
| Appliances | Dishwasher, Exhaust Fan, Hood Over Range, Other, Oven - Gas, Oven Range - Gas |
| Laundry | None |
| Cooling | Central Forced Air |
| Heating | Central Forced Air, Forced Air, Gas |
| Feature | Details |
|---|---|
| Foundation | Raised |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Covered Parking, Garage, Garage: 5 Car(s) |
| HOA Fee | $0 |
William Mulkey
TR Wealth Management Inc.
License #: 00986020
Phone: (310) 919-7554
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | – |
School data provided by GreatSchools.org
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of September 29, 2026. For the most current information, please contact William Mulkey, (310) 919-7554.