1623 Lomita Blvd - Apartments FOR SALE
Harbor City, CA 90710 |
1623 Lomita Blvd
Harbor City, CA 90710
HIGHLIGHTS
- Well-Maintained Gated 14 units Apartment Complex on Lomita Blvd in Harbor City
- Excellent 11.8 GRM and 5.3% Cap Rate on CURRENT income Plus Huge Upside
- On-Site Laundry on mo-to-mo. Lease Brings Additional Income
- HUGE Upside in Rental Income as Units Turn Over (Subject to Los Angeles Rent Control)
- Proposed Construction for Two ADUs out of 4 Tuck-under Parking
- High Visibility Desirable Location close to Lomita, Palos Verdes, Torrance, San Pedro
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Excellent cash flow Day 1. Plans for 2 ADUs
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
10620
STORIES
2
YEAR BUILT
1961
PARKING SPACES
13
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
7439-025-025
