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29897396
29897397

21512-21516 Norwalk Blvd, Hawaiian Gardens, CA 90716 For Sale

JM
CA 01963932
Lyon Stahl Investment Real Estate Long Beach
Listed by Lyon Stahl Investment Real Estate Long Beach
$1,050,000
135 days on market
Updated 124 days ago

21512-21516 Norwalk Blvd

Details
APN 7066-020-032
Property Type Retail
Sub Type Shopping Center
Square Footage 4,440
Net Rentable (SqFt) 4,440
Units 3
Cap Rate 7.14%
NOI $73,715
Pro-Forma Cap Rate 10.24%
Class B
Year Built 1955
Year Renovated 2025
Buildings 1
Stories 1
Lot Size (SqFt) 7,476
Zoning C2
Investment Type Owner/User
Ownership Fee Simple

Perfect Owner-User Opportunity | Delivered VACANT | Heavily Trafficked Street

Marketing 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


Investment highlights

  • Delivered Vacant - Owner/User or Investor
  • Close proximity to 605 Freeway
  • Secure Gated Parking - 4 Spaces per unit
  • Recently Painted - Exterior/Interior

Listing Contacts

JM
CA 01963932
Lyon Stahl Investment Real Estate Long Beach
Listed by Lyon Stahl Investment Real Estate Long Beach

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$73,715.00
$6,142.92/mo

Valuation Metrics

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DSCR
7.02%
Cap Rate
7.02%
ROI

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