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
- Type
- SingleFamilyResidence
- Bedrooms
- 6
- Building size
- 4,684 sqft
- Lot size
- 5,941 sqft
- Year built
- 1964
- Stories
- 2
- Garage spaces
- 0
- Heating
- Radiant
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247528148
About this property
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.
Location
1652 W Lomita Blvd
Harbor City, Los Angeles, CA, 90710