Active

1105 252nd Street

Harbor City CA, 90710

$1,495,000


$220.63 per sqft

Active

6,776 sqft

Multi-family

Built in 1962

Listed by Robert Stepp with Keller Williams - Santa Monica 310-463-2916

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.

PW24178025

MLS ID

August 27, 2024

Listed

September 18, 2024

Updated

Map

1105 252nd Street
Harbor City CA, 90710

Interior Features

Total Stories

2


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.28 Acres


Lot Features

6-10 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

124 - Harbor City


Days on Market

22


Garage

No


Parking Total

10


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR1

Listing History

Date

Event

Price

9/18/2024

Active

9/6/2024

Under contract

Listing Contact: 310-482-2200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/18/2024 at 11:42 PM UTC

 

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