1344 253rd St, Harbor City, CA 90710
1344 253rd St, Harbor City, CA 90710
1344 253rd St, Harbor City, CA 90710
1344 253rd St, Harbor City, CA 90710
1344 253rd St, Harbor City, CA 90710
1344 253rd St, Harbor City, CA 90710
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$ 1,550,000
Est. payment | /mo

17 Beds

8 Baths

5,099 SqFt


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$ 1,550,000
Est. payment | /mo
Save

17 Beds

8 Baths

5,099 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,099 sqft

Price per Sqft $303

MLS Listing ID 26843231

Bedrooms 17

Year Built 1958

Lot Size 6,957 Sqft

Acres 0.1597

Property Sub-Type Multi-Family

Property Description

We are proud to present 1344 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1,550,000. Built in 1958, the unit mix includes eight residential units with a mix of two-bedroom and three-bedroom floor plans. The property has undergone several improvements including tile flooring throughout, 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 shares a secured courtyard and parking with the adjacent 8-unit building at 1340 W 253rd Street (MLS# 26664277), and both properties must be sold concurrently at a combined asking price of $3,100,000 $193,750/unit. With approximately 57% rental upside, this is an ideal entry point for investors seeking a courtyard portfolio with long-term growth and reliable cash flow at a 6.16% current cap rate and 11.59% market cap rate. Reach out to Listing Agent for the full combined marketing package.

Location

State CA

County Los Angeles

Area Harbor City

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Assigned

Garage Spaces 6.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services

Nearby Locations

Eddie Arnez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 305-1314

e.arnez@kw.com

12711 Ventura Blvd, Studio City, CA, 91604, USA

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1344 253rd St