1344 253rd St, Harbor City, CA 90710
List Price: $3,495,000
On market
On marketJun 17, 20255,099 sqft17 beds16 baths
Listed by: Nabil Awada
License #: 02046840
Phone #: 310-844-9362
Matthews Real Estate Investment Services
Source:
MLS #: 25553203
Property Description
We are proud to present 1340 & 1344 253rd Street in Harbor City, California. This opportunity consists of two adjacent two-story apartment buildings (APNS: 7410-027-046 & 7410-027-047), each with eight residential units, for a total of 16 units. Built in 1957 and 1958, the unit mix includes (15) two-bedroom units and (1) three-bedroom unit. The properties have undergone several improvements over the years, including tile flooring throughout (no carpet), 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 has two security gates, accessible from the front and back parking lot. With approximately 64% rental upside, the portfolio is ideal for investors seeking long-term growth and reliable cash flow. 10.25% Market Cap & 7.17 Market GRM.
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$10,791
TurboHome Estimated Value
$2,107,200
$413 sqft
High Valuation
$2,212,560
$434/sqft
Normal Valuation
$2,107,200
$413/sqft
Low Valuation
$2,001,840
$393/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $413/sqft | $2,107,200 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Location
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Nearby Listings
1 similar properties within 5 miles
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