1105 252nd ST Save Request In-Person Tour Request Virtual Tour
Harbor City,CA 90710
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,776 sqft
Price per Sqft $202
MLS Listing ID PW24178025
HOA Y/N No
Year Built 1962
Lot Size 0.281 Acres
Acres 0.2811
Property Description
Located in Harbor City, California, 1105 W. 252nd Street is a 10-unit value-add apartment building with over 80% rental upside*. The property is priced at just $137,500 per unit and $203 per square foot, and offers a 11.54% market cap rate and 5.85 market GRM. The building features (8) 2BD /1BA units and (2) 1BD /1BA units, as well as (10) surface parking spaces within the secured access lot. Over $165K in property improvements include a double-pane windows, new copper plumbing throughout the building, major plumbing and bathroom upgrades, and parking resurfacing/ restriping. Harbor City is a growing community strategically situated near major employment centers and within convenient access to commuter thoroughfares. Just seven miles away, developers are spending nearly $1 billion to transform the LA Waterfront into 400 acres of world-class facilities for entertainment, recreation, education and innovation.
Location
State CA
County Los Angeles
Area 124 - Harbor City
Zoning LAR1
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7413008016
Energy Description 4513.0
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard