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 $137,500 per unit and $203 per square foot, and offers a 11.54% market cap rate and 5.85 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.
MLS #
CRPW24178025
MLS Source
California Regional MLS
Laundry
None
Garage/Parking
Garage: 0 Car(s)
Listing Agent
Robert Stepp
Keller Williams - Santa Monica
License #: 01456379
Phone: (310) 774-3740
Co-Listing Agent
Todd Hawke
License #: 01376219
Phone: (562) 209-7783
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
1105 252nd St is a Residential Income in Harbor City, CA 90710. This – square foot property sits on a 12,244 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,375,000 and was built in 1962.
This address can also be written as 1105 252nd St, Harbor City, CA 90710.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Robert Stepp, (310) 774-3740