Search
8-Unit Apartment Building
For Sale
$1,550,000

1340 253RD Street, Harbor City, CA 90710

Two-story residential property with upgraded interiors, refreshed exterior finishes, and a mix of two- and three-bedroom units.

Property Size5,192 SF
Price / SF$298.54
Days on Market175

Property Features for 1340 253RD Street

General Information

Standard status Active
Size 5,192 SF
Property subtype Multi-family

Building Details

Year Built 1957
Listing Agency: Matthews Real Estate Investment Services
Listed By: Nabil Awada
Source: Sevengables
Added: Mar 10 Changed: Aug 30 Last Checked: Aug 30 at 2:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services

Investment Insights

Based on property information with market context.

This 8-unit apartment building contains 5,192 square feet across two stories and was built in 1957. The unit mix includes two-bedroom and three-bedroom residences. Improvements include tile flooring, updated kitchen cabinets and countertops, enhanced wall heaters, ceiling fans, newer water heaters, copper plumbing, dual-pane windows, new stucco, and exterior paint.

Residents share a secured courtyard and parking area with the adjacent 8-unit building at 1344 W 253rd Street. The two properties are required to transact together, creating a combined 16-unit offering. The source information reports an 11.59% market cap rate and a 6.46 market GRM for the portfolio.

Key Highlights

  • 8‑unit, two‑story apartment building with 5,192 square feet
  • Unit mix includes two‑bedroom and three‑bedroom residences
  • Updated kitchens, tile flooring, ceiling fans, and enhanced wall heaters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Clothing & Fashion Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,333
Businesses Nearby

Demographics for 90710, CA

26,605
Population
9,861
Households
2.7
Avg Household Size
40
Median Age
32%
College-Educated
84%
High-School Grad
2.3 sq mi
ZIP Area
11,567
Density / Sq Mi
$77,486
Median Household Income
$40,216
Median Earnings
$1,547
Median Rent
$648,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story residential property with upgraded interiors, refreshed exterior finishes, and a mix of two- and three-bedroom units.
Where is this apartment building located?
The property is located at 1340 253RD Street Harbor City, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 8‑unit, two‑story apartment building with 5,192 square feet; Unit mix includes two‑bedroom and three‑bedroom residences; Updated kitchens, tile flooring, ceiling fans, and enhanced wall heaters
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message