Harbor City, CA 90710,1105 252nd ST
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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

$1,375,000

Est. payment /mo

$1,375,000

Est.Price: ?

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1105 252nd ST Harbor City, CA 90710

0.28 Acres Lot

SOLD DATE : 10/25/2024

Key Details

Sold Price $1,375,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24178025

Sold Date 10/25/24

HOA Y/N No

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

Zoning LAR1

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs

Total Parking Spaces 10

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7413008016

Energy Description 4513.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Stepp • Keller Williams - Santa Monica • 310-463-2916
Bought with Avinash Narang • BRC Advisors BH

Angelo Dickens II

Advisor | License ID: DRE# 02010930

+1(323) 205-8677

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