$3,200,000
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.
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Listed by Ixbalanque Garcia with Won Suk Kim Real Estate, Inc. (562) 474-1722
Property Type
Apartment
Status
Active
MLS Number
DW26092304
Year Built
1957
Lot Size
0.91 acres