1105 252nd ST Save Request In-Person Tour Request Virtual Tour
Harbor City,CA 90710
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,776 sqft
Price per Sqft $202
MLS Listing ID PW24178025
Year Built 1962
Lot Size 0.281 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area 124 - Harbor City
Zoning LAR1
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Laundry None
Exterior
Pool None
Community Features Curbs
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard