Address
21833 Verne Hawaiian Gardens, CA
Price
$ 5,750,000
Property Attributes
- MLS#OC21068032
- TypeIncome
- CountyLOS ANGELES
- CityHawaiian Gardens
- AreaHawaiian Gardens
- Zip90761
- Style
- Price$ 5,750,000
- Bedrooms22
- Full Bathrooms22
- Half Bathrooms0
- Lot Size0.49 Acres
Listing Provided Courtesy Of:
Mike Marcu with Mike Marcu, Broker.
Data Source:
CRMLS
Property Description
ALL TOWNHOUSE STYLE FLOOR PLANS Cypress Villas Apartments Homes has a desirable unit mix of large 1 / 1.0 and 2 / 1.0 townhouse floor plans. The property boasts a courtyard, laundry facilities, controlled access, and secure parking garage. $90 MILLION COMMUNTY INVESTMENT The Gardens Casino is a short walk from Cypress Villas and the largest employer in Hawaiian Gardens. Recently finished construction of a new $90-million casino that is 200,000 square feet with 225 tables. The new casino has already added 400 new jobs bringing its total employment to over 2,200 employees. HIGH LY OCCUPIED WITH UPSIDE Cypress Villas Apartments Homes is fully occupied with below market rents. A new owner can improve the tenant base through superior management to earn a value-add return. CENTRALIZED LOCATION Bordering Cypress and Los Alamitos, Hawaiian Gardens is less than a half hour drive into Anaheim and Long Beach. It is located minutes from the 605- and 405-Freeways. NEAR TO JOBS AND SHOPPING Cypress Villas is a short walk to Hawaiian Gardens Towne Center, The Gardens Casino (the largest employer in the city), and Hawaiian Gardens Square. The nearby casino and neighborhood centers provide excellent shopping and job opportunities. It is less than a mile from Long Beach Towne Center a 1 million square foot power center that is anchored by Walmart, Lowe’s, Sam’s Club, and Edwards IMAX.
| Price History | |
|---|---|
| 4/1/2021 | Listed $5,750,000 |
General Features
| Community Features | Suburban |
|---|---|
| Garage Spaces | 32 |
| Garage Y/N | Yes |
| MLS Area | 54 - Hawaiian Gardens |
| Parking Features | Assigned |
| Pool Features | None |
| Property Attached Y/N | Yes |
| Property Type | Residential Income |
| Sewer | Sewer Tap Paid |
| Terms | Cash, Cash to New Loan |
| Total Actual Rent | 30100 |
| Total Units | 22 |
| Water Sewer Expense | 14791 |
Interior Features
| Common Walls | 1 Common Wall |
|---|---|
| Laundry Features | Common Area |
Exterior Features
| Lot Features | 36-40 Units/Acre |
|---|---|
| Lot Size Acres | 0.49 |
| Lot Size Area | 0.49 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 21344 |
| Lot Size Units | Acres |
| Number of Buildings | 1 |
| Number of Separate Electric Meters | 22 |
| Number of Separate Gas Meters | 1 |
| Number of Separate Water Meters | 1 |
| Total Parking | 32 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90761
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 12, 2021 11:16 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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