1340 253rd Street, Harbor City, CA 90710
List Price: $3.1M
Listing Status: Active
Original List Price: $3.15M
0Days on Market: 83
33 Bedrooms · 16 Bathrooms · 10,291 sq ft
Property Type: ResidentialIncome
Year Built: 1957
Lot Size: 13,923 sq ft
MLS Number: 26664277
About This Property
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 57% rental upside, the portfolio is ideal for investors seeking long-term growth and reliable cash flow. 11.59% Market Cap & 6.46 Market GRM. Reach out to Listing Agent for full marketing package or visit property website.
Listing provided by: Nabil Awada DRE #02046840 866-889-0550 nabil.awada@matthews.com, Matthews Real Estate Investment Services
Source: CRMLS, MLS #: 26664277
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.