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.
Property Details
Price:
$3,495,000
MLS #:
25553203
Status:
Active
Baths:
0
Address:
1344 253rd Street
Type:
Residential Income
Neighborhood:
124harborcity
City:
Harbor City
Listed Date:
Jun 17, 2025
State:
CA
ZIP:
90710
Lot Size:
13,923 sqft / 0.32 acres (approx)
Year Built:
1958
See this Listing
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Schools
Interior
Exterior
Parking Features
Tandem Garage, Assigned
Parking Spots
22.00
Security Features
Card/ Code Access, Gated Community, Resident Manager
Stories Total
2
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address1344 253rd Street Harbor City CA
- Area124 – Harbor City
- CityHarbor City
- CountyLos Angeles
- Zip Code90710
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1344 253rd Street
Harbor City, CA
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