1652 W Lomita Blvd, Harbor City, CA 90710
- $1,420,000
- List Price
- $1,420,000
- Price Change
- ▼ $105,000 1790726508
- Status
- ACTIVE
- MLS#
- PW26210830
- Year Built
- 1964
- Lot Size
- 5,941
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
Property Description
Cali Keys Realty presents an exceptional investment opportunity in Harbor City. This 6-unit multifamily property offers a strong unit mix, established rental income, and an excellent opportunity for investors looking to expand their Southern California portfolio. The property is currently generating approximately $9,875.60 in gross monthly rental income and is subject to RSO. The unit mix and current rents are as follows: Unit 1: 3 Bedrooms / 2 Bathrooms — $2,736.00/month — Month-to-Month Unit 2: 2 Bedrooms / 1 Bathroom — $1,180.24/month — Month-to-Month Unit 3: 2 Bedrooms / 1 Bathroom — $2,510.42/month — Month-to-Month Unit 4: 2 Bedrooms / 1 Bathroom — $1,251.77/month — Month-to-Month Unit 5: Studio — $1,111.23/month — Month-to-Month Unit 6: Studio — $1,085.94/month — Month-to-Month Gross Monthly Rental Income: $9,875.60 Gross Annual Rental Income: $118,507.20 Approximate Cap Rate: 5.1% Adding to the investment opportunity, two additional properties are available for purchase and may be acquired together with this property, creating the potential for a larger portfolio acquisition: 1612 W 253rd St, Harbor City, CA 103 W 14th St, San Pedro, CA An excellent opportunity for investors seeking established rental income, multiple units, and the ability to acquire additional properties as part of a larger portfolio.
Additional Information
- Pool Description
- None
- Heat
- Radiant
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $118,507
- Operating Expense
- 38910
Listing courtesy of Listing Agent: Sergio Scerra (sergioscerra@yahoo.com) from Listing Office: Cali Keys Realty.
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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.