$1,550,000

1344 253rd Street, Harbor City (los Angeles), CA 90710

  • 5,099 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon6,957sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $304/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

We are proud to present 1344 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1,550,000. Built in 1958, 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 1340 W 253rd Street (MLS# 26664277), 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 is an ideal entry point for investors seeking a courtyard portfolio with long-term growth and reliable cash flow at a 6.16% current cap rate and 11.59% market cap rate. Reach out to Listing Agent for the full combined marketing package.

Listing Status:
Active
Date Added:
June 5, 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:
CL26843231
  • Parking: Assigned
  • County: Los Angeles
  • Zoning: LARD27410027047

This listing courtesy of Nabil Awada , Matthews Real Estate Investment Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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