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Listed by Sergio Scerra, DRE #01969977 • Cali Keys Realty
$ 1,420,000
Est. payment /mo
Price Dropped by $105K
1652 W Lomita Blvd Harbor City, CA 90710
5,941 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26210830
Year Built 1964
Lot Size 5,941 Sqft
Source California Regional MLS
Property Description
Cali Keys Realty presents an exceptional investment opportunity in Harbor City. This 6-unit multifamily property offers a strong unit mix, established rental income, and an excellent opportunity for investors looking to expand their Southern California portfolio. The property is currently generating approximately $9,875.60 in gross monthly rental income and is subject to RSO. The unit mix and current rents are as follows: Unit 1: 3 Bedrooms / 2 Bathrooms - $2,736.00/month - Month-to-Month Unit 2: 2 Bedrooms / 1 Bathroom - $1,180.24/month - Month-to-Month Unit 3: 2 Bedrooms / 1 Bathroom - $2,510.42/month - Month-to-Month Unit 4: 2 Bedrooms / 1 Bathroom - $1,251.77/month - Month-to-Month Unit 5: Studio - $1,111.23/month - Month-to-Month Unit 6: Studio - $1,085.94/month - Month-to-Month Gross Monthly Rental Income: $9,875.60 Gross Annual Rental Income: $118,507.20 Approximate Cap Rate: 5.1% Adding to the investment opportunity, two additional properties are available for purchase and may be acquired together with this property, creating the potential for a larger portfolio acquisition: 1612 W 253rd St, Harbor City, CA 103 W 14th St, San Pedro, CA An excellent opportunity for investors seeking established rental income, multiple units, and the ability to ac
Location
State CA
County Los Angeles
Area 124 - Harbor City
Interior
Heating Radiant
Laundry In Laundry Room, Washer/Dryer - Leased
Exterior
Parking Features Assigned Spaces
Garage Spaces 6.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 7410018036
Special Listing Condition Not Applicable
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