25633 President AVE new Save Request In-Person Tour Request Virtual Tour
Harbor City,CA 90710
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25172705
Style Traditional
Year Built 1965
Lot Size 8,941 Sqft
Source California Regional MLS
Property 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.
Location
State CA
County Los Angeles
Area 124 - Harbor City
Rooms
Kitchen Oven Range - Gas,Oven - Gas
Interior
Heating Forced Air,Wall Furnace
Cooling None
Laundry In Laundry Room,Laundry Area,Washer/Dryer - Leased
Exterior
Parking Features Assigned Spaces,Detached Garage,Garage,Other
Garage Spaces 9.0
Pool 31,None
View Local/Neighborhood
Roof Type Flat / Low Pitch,Composition
Building
Lot Description Grade - Level
Foundation Concrete Slab
Water Hot Water,District - Public
Architectural Style Traditional
Others
Tax ID 7410024037
Special Listing Condition Not Applicable