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Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 11
Approx. Age 1965
MLS® Number SB25172705

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® NumberSB25172705
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area, Laundry Room
Exposure
Exterior
GarageYes
Approx. Age1965
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Wall Furnace
A/CNone
Heating Fuel

Extras

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