$ 2,300,000
-
$2,300,000
Price -
15
Bed -
11
Bath -
9,812
SqFt
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About the Listing S6106 - SPORTJIM
First time on the market in 25 years! This well-maintained 9-unit multifamily property presents a rare opportunity for investors seeking strong rental income in a high-demand area. The property includes six spacious 3-bedroom, 2-bath townhouse-style units, each with private patios, two 2-bedroom, 1-bath units, and one single. Recent updates include a brand-new roof (2024), freshly painted exterior, and attractive new landscaping. The building offers off-street parking with a combination of carport spaces, a 2-car garage, and driveway access. Conveniently located near schools, shopping centers, and major freeways, this property offers long-term upside potential and stable tenancy. Don’t miss this rare chance to own a quality apartment building in the heart of Harbor City. Current CAP rate of 5.02% with a potential 8.80% CAP rate at market rents. Current GRM is 11.27 and Market GRM of 7.90. This property is subject to the City of Los Angeles RSO.
Listing Highlights for 25633 President Ave
Status
Pending
Days on Site
36
Property Type
Multi-Family
MLS ®
SB25172705
Year Built
1965
Total Square Footage
9,812
Lot/Acreage
0.21
County
Los Angeles
Area
124 - Harbor City
Interior Details
- Bedrooms: 15
- Bathrooms: 11 Full
- Appliances: Gas Oven, Gas Range, Water Heater Central
- Air Cond:
- Heating: Forced Air,Wall Furnace
- Fireplaces: Family Room,Patio
- Floor: Carpet,Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Granite Counters
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Corner Lot,Front Yard,Lot 6500-9999,Level,Sprinkler System,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 9
- Zoning: LAR3
- Roof: Composition,Flat
- Others: Storage,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Detached Carport,Driveway,Driveway Level,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7410024037
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
25633 President Ave Harbor City, CA 90710
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