Harbor City, CA 90710
$1,550,000
Mark Quesada
Broker / Owner
DRE #02101365
We are proud to present 1344 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1,550,000. Built in 1958, the unit mix includes eight residential units with a mix of two-bedroom and three-bedroom floor plans. The property has undergone several improvements including tile flooring throughout, upgraded kitchen cabinetry and countertops, enhanced wall heaters and ceiling fans, new stucco and exterior paint, newer water heaters, copper plumbing, and dual-pane windows. The complex shares a secured courtyard and parking with the adjacent 8-unit building at 1340 W 253rd Street (MLS# 26664277), and both properties must be sold concurrently at a combined asking price of $3,100,000 $193,750/unit. With approximately 60% rental upside, this is an ideal entry point for investors seeking a courtyard portfolio with long-term growth and reliable cash flow at a 6.15% current cap rate/10.10 current GRM and 11.61% market cap rate/6.43 market GRM. Reach out to Listing Agent for the full combined marketing package.
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$11,439/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Construction
Lot & parking
Listed by Nabil Awada, Matthews Real Estate Investment Services
MLS# 26843231 · Active
$775,000
Median sale price
51 days
Avg days on market
100.0% of list
Sells for
Closed sales in 90710 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
