1652 W Lomita Blvd Harbor City, CA 90710
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26210830
HOA Y/N No
Year Built 1964
Lot Size 5,941 Sqft
Property Sub-Type Mixed Use
Property Description
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
State CA
County Los Angeles
Area 124 - Harbor City
Interior
Heating Radiant
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Assigned
Carport Spaces 6
Pool None
Community Features Suburban
View Y/N No
View None
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7410018036
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS