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1651 251st — Harbor City — 5 Beds • 3 Baths • 1,880 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

$850,000

1 DOM

$452/sqft5 bd3 ba1,880 sqft

Call

1651 251st Harbor City, CA 90710

5,956sqft lot

Excellent entry level investment opportunity - property consists of two detached homes on one lot. Live in one home and subsidize the mortgage utilizing rental income from the other. One home is a 3BD/2BA and the other is a 2BD/1BA. Both homes feature laundry hookups, patios, and separate gas and electric meters. Additionally, a detached building in the rear offers three garage parking spaces. This property’s detached, single-story floor plans and laundry and garage amenities are sought-after in this rental market. 1651 251st Street is located on the border of Harbor City and Lomita in the desirable inland South Bay. Situated near the intersection of Lomita Boulevard and Western Avenue, the property is proximate to schools, retail, and the 110 Freeway. Cross-posted as residential income, listing ID PW25272404

MLS PW26078937

562-436-5800 (Office) 562-257-1231 (Cell) steve.bogoyevac@marcusmillichap.com

Est. payment

$5,431/mo

Principal & interestTaxesInsurance

$4,298$885$248

Down %

Rate %

Years

Down payment: $170,000 · Total cost: $1,717,303

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,431/mo

Principal & interest: $4,298
Est. property tax: $885
Est. insurance: $248
Down payment: $170,000

Est. gross rent$3,542/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,889/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 13, 2026	$850,000	—

Facts & Features

Structure & Property

Year Built1963

Garage Spaces3

562-436-5800 (Office) 562-257-1231 (Cell) steve.bogoyevac@marcusmillichap.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1651 251st, Harbor City, CA 90710

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Call

1651 251st Harbor City, CA 90710

About this home

Steven Bogoyevac

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Steven Bogoyevac

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1651 251st, Harbor City, CA 90710

About This Property

Property Photos

Location

1651 251st Harbor City, CA 90710

About this home

Steven Bogoyevac

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Steven Bogoyevac

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.