1105 252nd Street
Harbor City, CA, 90710
$1,495,000
Beds
0 Baths
SqFt
0.28 Acres
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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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0.00
Lot Features
6-10 Units/ Acre
Parking Spots
10.00
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None
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Stories Total
2
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Public

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1105 252nd Street
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