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Closed
- Listed price
- $3,200,000
- Listed Feb 12, 2020
- Sold price
- $3,100,000
- Sold Nov 20, 2020
13,934 sqft lot|1957 Built|19 MLS days on market
1340 253rd St, Harbor City, CA 90710
Property Description
"GREAT OPPORTUNITY" for serious investor(s) to own renovated residential income units. With 16 units on 2 parcels, featuring 15 two bedroom units and 1 three bedroom unit. All units have been ungraded to include tile flooring (yes, no carpets), newer kitchen cabinets, newer counter tops, newer & upgraded wall heaters, ceilings fans in each unit, new stucco & paint, newer water heaters, cooper plumbing, and all new dual-pane permitted windows. All units are separately metered for gas & electric, with earthquake shut-off valves. Complex has 2 security gates, accessible from front and back parking lot (consisting of 11 parking spaces) and newer decking on second level. Complex currently has a resident manager who is a plumber by trade (great benefit). Complex also comes with a "Rent-Drop Box" for tenant/landlord convenience. Each unit has front security doors and hard-wired CO/Smoke alarms. This sell is part of a 1031 Exchange and is contingent upon seller finding suitable "Replacement Property". Property is subject to Los Angeles City Rent Control, with annual allowable rent increase which guarantees increase of GSI annually. Tenant population for units include 6 units being occupied with long-term stable tenants of over 10 years. Bonus: If financing is needed, current loan is assumable with 20 months left on initial rate of 3.77%. Please drive-by only, do not disturb tenants.
Listing agent: Tony PirainoDRE #01249556c21soldbytony@aol.com, Listing office: AP Elite Real Estate & Inv
MLS data updated 10/31/2026, 11:11:20 AM PT
Source: CRMLSMLS #: RS20032610
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,100,000
Nov 20, 2020
Available records22020
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90710 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90710 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.