1340 253rd Street, Harbor City (los Angeles), CA 90710

• 5,192 sqft

Property Description

We are proud to present 1340 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1,550,000. Built in 1957, the unit mix includes eight residential units with a mix of two-bedroom and three-bedroom floor plans. The property has undergone several improvements including tile flooring throughout, 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 shares a secured courtyard and parking with the adjacent 8-unit building at 1344 W 253rd Street (MLS# 26843231), and both properties must be sold concurrently at a combined asking price of $3,100,000 $193,750/unit. With approximately 57% rental upside, this portfolio offers investors long-term growth and reliable cash flow at an 11.59% market cap rate and 6.46 market GRM. Reach out to Listing Agent for the full combined marketing package.

Listing Status:

Active

Date Added:

March 13, 2026

Data Last Updated:

July 5, 2026 at 7:08AM

Listing Office:

Matthews Real Estate Investment Services : 866-889-0550

Listing Agent:

Nabil Awada : 310-844-9362

MLS ID:

CL26664277

Exterior

• Parking: Assigned

Location

• County: Los Angeles

Lot

• Zoning: LARD27410027046