1344 253rd Street, Harbor City, CA 90710
  • MLS#: 25553203 ( )
  • Street Address: 1344 253rd Street
  • Viewed: 1
  • Price: $3,495,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 0
  • Days On Market: 9
  • Additional Information
  • County: LOS ANGELES
  • City: Harbor City
  • Zipcode: 90710
  • Provided by: Matthews Real Estate Investment Services
  • Contact: Nabil Nabil
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Building Area Total
  1. 10291.00
Country
  1. US
Levels
  1. Two
Netoperatingincome
  1. 174646.00
Otherincome1
  1. 799.00
Parcel Number
  1. 7410027047
Parking Features
  1. Tandem Garage
  2. Assigned
Security Features
  1. Card/Code Access
  2. Gated Community
  3. Resident Manager
Sourcesystemkey
  1. 25553203:CLAW
Tenant Pays
  1. Gas
  2. Electricity
Totalexpenses
  1. 114973.00
Uncovered Spaces
  1. 22.00
Year Built
  1. 1958
Zoning
  1. LARD2