Located in Harbor City, California, 1105 W. 252nd Street is a 10-unit value-add apartment building with over 80% rental upside*. The property is priced at just $149,500 per unit and $221 per square foot, and offers a 10.51% market cap rate and 6.36 market GRM. The building features (8) 2BD /1BA units and (2) 1BD /1BA units, as well as (10) surface parking spaces within the secured access lot. Over $165K in property improvements include a double-pane windows, new copper plumbing throughout the building, major plumbing and bathroom upgrades, and parking resurfacing/ restriping. Harbor City is a growing community strategically situated near major employment centers and within convenient access to commuter thoroughfares. Just seven miles away, developers are spending nearly $1 billion to transform the LA Waterfront into 400 acres of world-class facilities for entertainment, recreation, education and innovation.
Property Details
Price:
$1,495,000
MLS #:
PW24178025
Status:
Active
Baths:
0
Address:
1105 252nd Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
124harborcity
City:
Harbor City
Listed Date:
Aug 27, 2024
State:
CA
ZIP:
90710
Lot Size:
12,244 sqft / 0.28 acres (approx)
Year Built:
1962
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Schools
Interior
Exterior
Community Features
Curbs
Garage Spaces
0.00
Lot Features
6-10 Units/ Acre
Parking Spots
10.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1105 252nd Street Harbor City CA
- Area124 – Harbor City
- CityHarbor City
- CountyLos Angeles
- Zip Code90710
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Courtesy of Keller Williams – Santa Monica. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1105 252nd Street
Harbor City, CA
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