22314 Joliet Avenue, Hawaiian Gardens, California 90716, Hawaiian Gardens, 90716 - 4 bed, 2 bath
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Hawaiian Gardens, California 90716
This High-Potential Investment Opportunity is a Duplex / Multi-Family Income Property listed at $749,990—positioned well above the $619,934 Fair Market Value by -20%. Featuring Zoning R-2 and two 2-bedroom units with separate meters, this asset offers immediate rental income potential. With a Condition Rating of 5, the property requires significant capital improvements to modernize its aging infrastructure. Located near Newcomb Academy (9/10 rating), this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a central, walkable location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22314 Joliet Avenue Subject | $749,990* List Price | 4 | 2 | 1,600 | $387 | - |
A 22330 Clarkdale Sold | $845,000 | 0 | 0 | 1,824 | $463 | 0.3 mi |
B 22314 Joliet Active | $790,000 List Price | 0 | 0 | 1,600 | $494 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 (69 years old) with no mention of recent renovations or system upgrades. Exterior images show significant deferred maintenance, including cracked concrete and overgrown landscaping. Given the long-term tenant occupancy and age, the kitchen, bathrooms, and core systems likely require a full rehab to meet modern standards.
Middle School: Newcomb Academy (9/10).
This R-2 zoned duplex features two 2-bedroom units with separate gas and electric meters, providing immediate rental income and simplified utility management for investors.
The seller's willingness to assist with closing costs offers a significant financial advantage, reducing the upfront capital required for both owner-occupants and investors.
Built in 1955, the property may require capital expenditures for modernizing systems or cosmetic updates to remain competitive and achieve higher market rents.
The property relies on driveway parking for both units, which may be a drawback for tenants with multiple vehicles or those seeking covered garage storage.
Property Overview Property Type: Duplex / Multi-Family Income Property Living Area: Approximately 1,600 sq ft Lot Size: Approximately 4,996 sq ft Year Built: 1955 Stories: Single Story Units: 2 Units Bedrooms: 4 Total (2 bedrooms per unit) Bathrooms: 2 Total (1 bathroom per unit) Parking: Driveway parking Zoning: R-2 Medium Density Residential Property Features Single-story duplex Each unit contains: 2 Bedrooms 1 Bathroom Separate gas and electric meters Long-term tenants currently occupy the property Walking distance to shopping, restaurants, and services Seller may assist with closing costs Suitable for owner-occupants or investors seeking rental income Current Rental Information Unit Bedrooms Bathrooms Current Rent Unit 1 2 1 $1,728/mo Unit 2 2 1 $1,500/mo
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 67% |
| Baths | 2.0 | 0.0 | 67% |
| Square foot | 1,600 | 1,824 | 33% |
| Lot Size | 4,996 | 4,996 | 50% |
| Price | $750.0K | $845.0K | 33% |
| Price per sq ft | $469 | $466 | 67% |
| Built year | 1955 | 1971 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 148 | 33% |
Jun 1, 2026
$749,990
Initial Listing
Aug 20, 2021
$616,000
Public Record