$3,175,000

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

  • 10,291 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $309/sqft
  • Property List Date Icon Listed 5 months ago

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 60% rental upside, the portfolio is ideal for investors seeking long-term growth and reliable cash flow. 11.47% Market Cap & 6.51 Market GRM. Rents shown effective date April 1, 2026. Reach out to Listing Agent for full marketing package or visit property website.

Listing Status:
Active
Date Added:
June 17, 2025 at 05:00AM
Listing Office:
Matthews Real Estate Investment Services : 866-889-0550
Listing Agent:
Nabil Awada : 310-844-9362
MLS ID:
CL25553203
  • Parking: AssignedTandem
  • County: Los Angeles
  • Zoning: LARD7410027047

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

Schools Nearby

H

Harbor City Elementary School

1508 254th St, Harbor City, CA, 90710

Grades KG-5

0.19 miles away

F

Fleming Middle School

25425 Walnut St, Lomita, CA, 90717

Grades 6-8

0.72 miles away

G

George S. Patton Continuation

24514 S W Ern Ave, Harbor City, CA, 90710

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.