1344 253rd ST new Save Request In-Person Tour Request Virtual Tour
Harbor City,CA 90710
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,291 sqft
Price per Sqft $339
MLS Listing ID 25553203
Bedrooms 33
Year Built 1958
Lot Size 0.320 Acres
Property Description
We are proud to present 1340 & 1344 253rd Street in Harbor City, California. This opportunity consists of two adjacent two-story apartment buildings (APNS: 7410-027-046 & 7410-027-047), each with eight residential units, for a total of 16 units. Built in 1957 and 1958, the unit mix includes (15) two-bedroom units and (1) three-bedroom unit. The properties have undergone several improvements over the years, including tile flooring throughout (no carpet), upgraded kitchen cabinetry and countertops, enhanced wall heaters and ceiling fans, new stucco and exterior paint, newer water heaters, copper plumbing, and dual-pane windows. The complex has two security gates, accessible from the front and back parking lot. With approximately 64% rental upside, the portfolio is ideal for investors seeking long-term growth and reliable cash flow. 10.25% Market Cap & 7.17 Market GRM.
Location
State CA
County Los Angeles
Area 124 - Harbor City
Zoning LARD2
Exterior
Parking Features Assigned,Garage,Tandem
Community Features Gated
Building
Story 2
New Construction No
Others
Special Listing Condition Standard