First time on the market in 25 years! This well-maintained 9-unit multifamily property presents a rare opportunity for investors seeking strong rental income in a high-demand area. The property includes six spacious 3-bedroom, 2-bath townhouse-style units, each with private patios, two 2-bedroom, 1-bath units, and one single.
Recent updates include a brand-new roof (2024), freshly painted exterior, and attractive new landscaping. The building offers off-street parking with a combination of carport spaces, a 2-car garage, and driveway access.
Conveniently located near schools, shopping centers, and major freeways, this property offers long-term upside potential and stable tenancy. Don’t miss this rare chance to own a quality apartment building in the heart of Harbor City.
Current CAP rate of 5.02% with a potential 8.80% CAP rate at market rents. Current GRM is 11.27 and Market GRM of 7.90.
This property is subject to the City of Los Angeles RSO.
Recent updates include a brand-new roof (2024), freshly painted exterior, and attractive new landscaping. The building offers off-street parking with a combination of carport spaces, a 2-car garage, and driveway access.
Conveniently located near schools, shopping centers, and major freeways, this property offers long-term upside potential and stable tenancy. Don’t miss this rare chance to own a quality apartment building in the heart of Harbor City.
Current CAP rate of 5.02% with a potential 8.80% CAP rate at market rents. Current GRM is 11.27 and Market GRM of 7.90.
This property is subject to the City of Los Angeles RSO.
Property Details
Price:
$2,300,000
MLS #:
SB25172705
Status:
Active Under Contract
Baths:
0
Address:
25633 President Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
124harborcity
City:
Harbor City
Listed Date:
Aug 1, 2025
State:
CA
ZIP:
90710
Lot Size:
8,941 sqft / 0.21 acres (approx)
Year Built:
1965
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Schools
Interior
Appliances
Gas Oven, Gas Range, Water Heater Central
Cooling
None
Flooring
Carpet, Tile, Vinyl
Heating
Forced Air, Wall Furnace
Laundry Features
Common Area, Individual Room
Exterior
Architectural Style
Traditional
Community Features
Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Construction Materials
Frame, Stucco, Wood Siding
Other Structures
Storage
Parking Features
Assigned, Detached Carport, Driveway, Driveway Level, Garage
Parking Spots
9.00
Roof
Composition, Flat
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Financial
Map
Community
- Address25633 President Avenue Harbor City CA
- Area124 – Harbor City
- CityHarbor City
- CountyLos Angeles
- Zip Code90710
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25633 President Avenue
Harbor City, CA
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