Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

10

Building size

7,368 sqft

Lot size

8,094 sqft

Year built

1963

Stories

0

Heating

None

Cooling

None

Status

Active

Days on market

8

MLS #

242912159

About this property

1401 Pacific Coast Highway (a.k.a. 25737 Belle Porte Avenue) is a 10-unit mixed-use investment opportunity situated on a signalized corner lot in Harbor City, California. The property consists of 7 residential units (six 2-bed/1-bath and one 3-bed/2-bath) and 3 ground-floor retail/storefront spaces. The property presents a compelling value-add opportunity with two recently renovated units proving the upside available through unit-by-unit rehabilitation, and one vacant retail space ready for a new tenant. Additional features include 8 tuck-under parking spaces, individual electric and gas metering, and a highly visible Pacific Coast Highway address with convenient 110 Freeway access. The residential units are subject to the Los Angeles Rent Stabilization Ordinance (LARSO).

Location

1401 Pacific Coast Highway

Harbor City, Los Angeles, CA, 90710