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21512-21516 Norwalk Blvd 4,440 SF 1% Leased Retail Building Hawaiian Gardens, CA 90716 $1,605,308 CAD ($361.56 CAD/SF) 6.41% Cap Rate



INVESTMENT HIGHLIGHTS
- Perfect Owner User or Value Add Investment Opportunity!
- Located on a busy road that sees over 25,000 vehicles per day
- Pride of ownership property with recently renovated bathrooms and new paint
EXECUTIVE SUMMARY
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
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
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Building Size
4,440 SF
Building Class
B
Year Built
1955
Price
$1,605,308 CAD
Price Per SF
$361.56 CAD
Cap Rate
6.41%
NOI
$102,900 CAD
Percent Leased
1%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.59
Lot Size
0.17 AC
Zoning
C2
Parking
6 Spaces (1.35 Spaces per 1,000 SF Leased)
Frontage
247’ on Norwalk Blvd
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7066-020-032 | Total Assessment | $185,686 CAD |
| Land Assessment | $80,684 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $105,002 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
7066-020-032
Land Assessment
$80,684 CAD
Improvements Assessment
$105,002 CAD
Total Assessment
$185,686 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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21512-21516 Norwalk Blvd
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