1344 253rd Street Active

Harbor City (los Angeles),CA 90710

$ 3495000

- Bed

0 Bath

10291 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,291 sqft

Price per Sqft $339

MLS Listing ID CL25553203

HOA Y/N No

Year Built 1958

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Other

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

Zoning LARD

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 7410027047

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