Harbor City Homes with Multi Family Subtype

Welcome to Harbor City, California—a hidden gem nestled in the vibrant tapestry of Los Angeles County. This charming neighborhood offers residents a delightful blend of urban convenience and suburban tranquility, making it a perfect place to call home. With its close proximity to the bustling ports of Los Angeles and Long Beach, Harbor City is an ideal location for those who appreciate a dynamic lifestyle while enjoying the comforts of a close-knit community.

One of the standout features of Harbor City is its diverse real estate market, particularly for those interested in multi-family homes. These properties are not just investments; they provide an opportunity for families and individuals alike to create lasting memories in a welcoming environment. Multi-family homes in Harbor City range from cozy duplexes to spacious apartment complexes, catering to a variety of living arrangements and lifestyles. Whether you’re looking to generate rental income or seeking a multi-generational living space, the options here are plentiful and promising.

The neighborhood is also rich in amenities, with parks, schools, and shopping centers nearby, ensuring that residents have everything they need within reach. The community is known for its friendly atmosphere, making it easy to connect with neighbors and participate in local events. Plus, with easy access to major highways and public transportation, commuting to other parts of Los Angeles is a breeze.

In Harbor City, you'll find a unique blend of opportunity and community spirit, making it an exceptional choice for those interested in multi-family living. Come explore the possibilities and discover your perfect home in this delightful corner of California!

Newest Harbor City Homes with Multi Family Subtype

$1,498,800

DW22136678 MLS ⋅ Active Status ⋅ Sunset Apartments BLDG.

We are pleased to present the Sunset Apartments, a 6 unit apartment building in Harbor City in the South Bay submarket of Los Angeles. The unit mix consists of (1) Huge 3bd/2ba with attached direct entry 1-car garage, (3) Large 2bd/1ba, and (2) Studio/1ba units. This is an extremely rare opportunity as the building is being offered with the two largest units vacant and renovated! A new owner will be able to choose their own tenants and achieve market rent for these units starting on Day 1 and capitalize on the high rental demand in the area that has very low average vacancy and high rents. The other units offer huge rental upside as the units turn over the new owner will be able to achieve a 7.4% Market Cap Rate. This building benefits from the excellent central location within minutes between Redondo Beach, Palos Verdes, San Pedro port, and Long Beach. The 6 unit building next door (1652 Lomita Blvd) is also listed for sale (separate seller) and is a mirror copy of this building with identical unit mix. Here's your opportunity to purchase these side by side buildings in a strong rental market. Harbor City is a small suburb connecting Greater Los Angeles to the port cities of Wilmington and San Pedro. It borders affluent cities such as Rancho Palos Verdes, Rolling Hills, and Torrance. The building is located seconds to Pacific Coast Highway and is a short drive to beach cities such as Long Beach to the east, Redondo Beach and Manhattan Beach to the Northwest. High Rental Demand in Excellent South Bay submarket within minutes to Pacific Coast Highway and neighboring Rolling Hills Estates and Palos Verdes Estates. Huge Rental Income Upside - 7.4% Proforma CAP Rate and 9.94 Proforma GRM. Near abundance of employment opportunities in Long Beach, San Pedro and Wilmington Ports.

1656 Lomita Boulevard, Harbor City

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.