25032 Frampton Avenue in Harbor City, CA, is a 10-unit apartment building offering significant value-add potential. Constructed in 1977, the property consists of nine 1-bedroom units and one 2-bedroom unit, totaling 7,440 square feet of gross building area on a 10,004-square-foot lot. Included in the offering is the adjacent "alley parcel," an additional 4,670 square feet utilized for tenant parking, bringing the total land area to 14,674 square feet. With current rents over 40% below market, this property offers an opportunity to achieve north of a 10% CAP rate upon unit turnover, making it an exceptional investment for those seeking value growth.
Property Details
Price:
$1,450,000
MLS #:
25482381
Status:
Active
Beds:
11
Baths:
10
Address:
25032 Frampton Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
124harborcity
City:
Harbor City
Listed Date:
Jan 14, 2025
State:
CA
Finished Sq Ft:
7,440
ZIP:
90710
Lot Size:
10,004 sqft / 0.23 acres (approx)
Year Built:
1977
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Schools
Interior
Cooling
None
Fireplace Features
None
Flooring
Tile
Heating
Wall Furnace
Exterior
Parking Features
Carport, Parking Space
Parking Spots
0.00
Pool Features
None
Roof
Tile
Spa Features
None
View
None
Financial
Map
Community
- Address25032 Frampton Avenue Harbor City CA
- Area124 – Harbor City
- CityHarbor City
- CountyLos Angeles
- Zip Code90710
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Courtesy of The CREM Group. 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 2025. California Regional Multiple Listing Service. All rights reserved.25032 Frampton Avenue
Harbor City, CA
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