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21512-21516 Norwalk Blvd 4,440 SF Retail Building Hawaiian Gardens, CA 90716 $1,438,500 CAD ($323.99 CAD/SF) 7.14% Cap Rate



Investment Highlights
- A rare chance for an owner-user or small retail investor to acquire three contiguous, recently improved retail units
- Immediate occupancy
- Highly visible, traffic-oriented location.
- Delivered completely vacant
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
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,440 SF
Building Class
B
Year Built
1955
Price
$1,438,500 CAD
Price Per SF
$323.99 CAD
Cap Rate
7.14%
NOI
$102,709 CAD
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.60
Lot Size
0.17 AC
Zoning
C2 - Commercial
Parking
6 Spaces (1.35 Spaces per 1,000 SF Leased)
Frontage
247’ on Norwalk Blvd
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7066-020-032 | Improvements Assessment | $102,364 CAD |
| Land Assessment | $78,657 CAD | Total Assessment | $181,021 CAD |
Property Taxes
Parcel Number
7066-020-032
Land Assessment
$78,657 CAD
Improvements Assessment
$102,364 CAD
Total Assessment
$181,021 CAD
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21512-21516 Norwalk Blvd
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