21512 Norwalk Boulevard, Hawaiian Gardens, CA 90716
  • MLS#: 25599597 ( )
  • Street Address: 21512 Norwalk Boulevard
  • Viewed: 4
  • Price: $1,150,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 0
  • Days On Market: 26
  • Additional Information
  • County: LOS ANGELES
  • City: Hawaiian Gardens
  • Zipcode: 90716
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: John John
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We're proud to present 21512 21516 Norwalk Boulevard in Hawaiian Gardens, California a rare chance for an owner user or small retail investor to acquire three contiguous, recently improved retail units in a highly visible, traffic oriented location. Together, the units total approximately 4,440 square feet on a 7,476 square foot lot and are part of a larger strip of neighborhood retail. Originally constructed in 1955, the property has benefited from recent upgrades including remodeled bathrooms and fresh paint, making it ready for immediate occupancy. The asset will be delivered completely vacant, allowing a buyer to fully control leasing strategy or immediately occupy the property to operate their own business. The property enjoys strong visibility and access along Norwalk Boulevard with both ample street parking and rear parking available for tenants and customers. The surrounding neighborhood is supported by major traffic drivers, including the Hawaiian Gardens Casino and Bingo Club just around the corner, as well as a concentration of national retailers nearby such as Starbucks, Wingstop, CVS, Skechers, and Food4Less. This mix of daily needs retail and entertainment destinations creates steady foot and vehicle traffic and supports long term tenant demand. This offering is ideal for an owner user looking for a well located site to run their business, or for a small retail investor seeking a value add opportunity with multiple pathways to increase cash flow. With its prime location, recent improvements, and delivery in vacant condition, 21512 21516 Norwalk Boulevard provides a flexible and compelling opportunity to create value in one of Hawaiian Gardens' most active retail corridors.*Please call Jack (310) 382 1063 for potential leasing options
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Features
Assetclass
  1. Retail
Building Area Total
  1. 4440.00
Country
  1. US
Netoperatingincome
  1. 73715.00
Parcel Number
  1. 7066020032
Postalcodeplus4
  1. 1122
Totalexpenses
  1. 21035.00
Year Built
  1. 1955
Zoning
  1. C2