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Hawaiian Gardens Multifamily Units For Sale and Duplex Search
As a rest stop in the 1920’s, Hawaiian Gardens owes its name to a local fruit stand owner who built a bamboo framed shack covered with palm leaves. Previously a rural area, it was their main landmark for many years. The name stuck as the small town, that now has several residential income rental properties for sale, grew up around it. This mecca of multifamily investment properties for sale, this Gateway region city is central to downtown Los Angeles ’s booming economic core, but sits away from the confines, costs and confusion of the urban metropolis.
As one of seven Los Angeles County cities that allow casino gambling, more than $9.2 million (65%) of the city's revenue comes from the Hawaiian Gardens Casino. The city’s second largest major employer, the Tri-City Medical Center has nearly 350 physicians and surgeons serving and investing in the community. Hawaiian Gardens has a residential income property inventory that meets both family and executive housing demands at prices that are favorable compared to Los Angeles and Orange Counties. Attractive to both buyers and sellers of residential rental income properties, the city has stable quality neighborhoods with a low crime rate.
Buyers and sellers of duplex, triplex, fourplex and multifamily investment properties can capitalize off of the small town’s landscape, as Hawaiian Gardens is approximately 99% built out. Due to this, the city’s intention is to guide redevelopment towards revitalization and pedestrian friendly districts, harmonious with residential and non-residential uses.
A key aspect to look for in your next multifamily investment property is a location in a city with growth. With approximately 16,400 residents, Hawaiian Gardens has a steady and stable population growth and the number of residents is estimated to increase by 6% in the next ten years. Located immediately off the 605 freeway, with over 200,000 AADT (Average Annual Daily Trips) trips per day in both directions, Hawaiian Gardens continues to be a popular way stop providing shopping, fine dining and accommodations. Hawaiian Gardens is geographically attractive to buyers and sellers of duplex, triplex, fourplex and multifamily investment properties. This attractiveness stems from those who are looking to benefit from the draw of existing commercial, hotel, and restaurant developments as well as the expanding casino and brand new bingo hall.
Hawaiian Gardens, a city without rent control, is central to three major freeways, with great airport access; 22 miles to Los Angeles Airport, 20 miles to Santa Ana Airport, 10 miles to the Long Beach Airport, and 37 miles to the Ontario Airport. Additionally, Hawaiian Gardens is only 20 miles from the Los Angeles and Long Beach Harbors.
Located in the ABC Unified School District , Hawaiian Gardens and its multifamily property residences feeds five high schools, one junior high school within the city, and two elementary schools. Three different bus lines serve the city including Long Beach Transit, Orange County Transportation Authority, and Metro. Only 9/10 square mile, the city is packed with three parks and is home to the Robert E. Lee Activity Center, designed to provide a variety of leisure, recreational and cultural activities for the entire community.
A small town with big charm, try your luck with us and place a sure bet on a purchase of your next duplex, triplex, fourplex and multifamily property in Hawaiian Gardens.
Also serving other Los Angeles County Cities.
This information was gathered from Wikipedia, www.hgcity.org, citydata.com
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