1344 253Rd St Harbor City, CA 90710
Two adjacent apartment buildings with 16 units and rental upside.
Lot size:
0.32 AcresProperty Features for 1344 253Rd St
General Information
- Lot size
- 0.32 Acres
Building Details
- Year built
- 1958
Source: Matthews Real Estate Investment Services
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Harbor City Multifamily Investment Opportunity
Located in Harbor City, California, the offering comprises two adjacent two-story apartment buildings, totaling 16 units. Constructed in 1957 and 1958, the unit mix features fifteen two-bedroom units and one three-bedroom unit. The properties have been improved with tile flooring, 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 includes two security gates, accessible from the front and back parking lot. The portfolio is suited for investors seeking long-term growth and reliable cash flow. The properties have an 11.47% Market Cap & 6.51 Market GRM. Rents shown effective date April 1, 2026.
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Harbor City
- County
- Los Angeles
- State
- California
- Longitude
- -118.3005
- Latitude
- 33.79463
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two adjacent apartment buildings with 16 units and rental upside.
Where is this apartment building located?
The property is located at 1344 253Rd St Harbor City, CA.
What is the asking price?
The asking price for this property is $3,175,000.
What are key features of this property?
This property features: - Portfolio of 16 units across two adjacent buildings.; - Significant rental upside potential (approximately 60%).; - **Upgraded units with tile flooring, kitchen cabinetry/countertops, wall heaters, and ceiling fans.**