Senior Housing Development
1415 Anaheim Street Harbor City, CA 90710
For Sale
$3,599,999
LAND - Harbor City, CA
Lot Size0.44 Acres
Days on Market1713
Property Features for 1415 Anaheim Street
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- 54 UNIT
- Standard status
- Active
- APN
- 7411005017
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Year
- 2008
Utilities
- Water source
- Public
Listing Agency:
Prime Properties
(310) 544-4333
Listed By:
Teresa Schweyer · License #01471535
(310) 621-0646
Added: Nov 17, 2021
Changed: Jul 21
Last Checked: Jul 27 at 6:06AM
MLS# PV21227687
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Investment Insights
Based on property information with market context.
This property in Harbor City, CA, presents an opportunity for senior citizen apartment or condominium development. The city-approved "by right" project, potentially expediting approvals without public hearings or conditional use permits. The plan includes 21 three-bedroom, two-bath units and 8 one-bedroom, two-bath units. The site consists of two contiguous lots, with APNs 7411-005-017 and 7411-005-018, totaling approximately 0.44 acres. A 27-car subterranean parking garage is planned, featuring natural ventilation. Individual water, gas, and electric meters are intended for each unit. The location offers potential panoramic views from the third floor. The zoning allows for 54 units. Projected annual gross income is $720,000+, with an approximate 6.1 cap rate.
Key Highlights
- City Approved "By Rights" Project: Enables quick approval, eliminating public hearings.
- High Income Potential: Projected annual gross income of $720,000+ with an approximate 6.1 cap rate.
- 29 Units for Senior Citizens: Featuring 21 three‑bedroom and 8 one‑bedroom units.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Approved senior housing project site in Harbor City.
Where is this apartment building located?
The property is located at 1415 Anaheim Street Harbor City, CA.
What is the asking price?
The asking price for this property is $3,599,999.
What are key features of this property?
This property features: City Approved "By Rights" Project: Enables quick approval, eliminating public hearings.; High Income Potential: Projected annual gross income of $720,000+ with an approximate 6.1 cap rate.; 29 Units for Senior Citizens: Featuring 21 three‑bedroom and 8 one‑bedroom units.
