Harbor City, CA 90710,1105 252nd ST
Harbor City, CA 90710,1105 252nd ST
Harbor City, CA 90710,1105 252nd ST
Harbor City, CA 90710,1105 252nd ST
Harbor City, CA 90710,1105 252nd ST
Harbor City, CA 90710,1105 252nd ST
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$1,375,000

Est.Price: ?

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Est. payment /mo

0.28 Acres Lot


SOLD DATE : 10/25/2024

Key Details

Sold Price $1,375,000

Property Type Commercial Multi-Residential (5 units)

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW24178025

Year Built 1962

Lot Size 0.281 Acres

Property Description

Located in Harbor City, California, 1105 W. 252nd Street is a 10-unit value-add apartment building with over 80% rental upside*. The property is priced at just $137,500 per unit and $203 per square foot, and offers a 11.54% market cap rate and 5.85 market GRM. The building features (8) 2BD /1BA units and (2) 1BD /1BA units, as well as (10) surface parking spaces within the secured access lot. Over $165K in property improvements include a double-pane windows, new copper plumbing throughout the building, major plumbing and bathroom upgrades, and parking resurfacing/ restriping. Harbor City is a growing community strategically situated near major employment centers and within convenient access to commuter thoroughfares. Just seven miles away, developers are spending nearly $1 billion to transform the LA Waterfront into 400 acres of world-class facilities for entertainment, recreation, education and innovation.

Location

State CA

County Los Angeles

Area 124 - Harbor City

Interior

Laundry None

Exterior

Garage Spaces 10.0

Pool None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Robert Stepp • Keller Williams - Santa Monica
Bought with Avinash Narang
agent-avatar

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

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