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1110 255th Street

Harbor City, CA 90710
  • $1,749,999
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: RS22060263
UPDATED: 25 min ago
$1,749,999
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Salman Muttalib of C-21 Astro (562-924-3381)


Description

Excellent opportunity to own well maintained Fourplex all 3 bed 2 bath units in the South Bay area with proximity to 110 freeway, beaches and shopping. Very spacious units, two units approx 1369 sqft & the other two units approx 1298 sqft with washer & dryer hookups. This apartment building makes up to total of 5334 sqft in living space situated on a 7004 sqft lot. (These are estimates buyer to verify lot size & built area).Each unit is separately metered for Electric & Gas. Tenant pays for gas, electric & trash. Given the propertys ideal South Bay location and significant upside rent potential it is a once in a life time investment opportunity for an investor seeking growth and stability and at the same time is an appropriate hedge against inflation.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T10:28:05.7. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127857378
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1110 255th Street Harbor City, CA 90710

  • Price: $1,749,999
  • Status: Active
  • On Site: 33 Days
  • Updated: 25 min ago
  • ID#: RS22060263
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1963
Built
Neighborhood:
124 - Harbor City
County:
Los Angeles
Area:
124 - Harbor City
Property Description
Excellent opportunity to own well maintained Fourplex all 3 bed 2 bath units in the South Bay area with proximity to 110 freeway, beaches and shopping. Very spacious units, two units approx 1369 sqft & the other two units approx 1298 sqft with washer & dryer hookups. This apartment building makes up to total of 5334 sqft in living space situated on a 7004 sqft lot. (These are estimates buyer to verify lot size & built area).Each unit is separately metered for Electric & Gas. Tenant pays for gas, electric & trash. Given the propertys ideal South Bay location and significant upside rent potential it is a once in a life time investment opportunity for an investor seeking growth and stability and at the same time is an appropriate hedge against inflation.
Exterior Features

Carport Spaces 0 Foundation Details Slab Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 5 Parking Features Driveway Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas RangeGas Water HeaterMicrowaveWater Heater Common Walls 2+ Common Walls Flooring Tile

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street Lights Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 90132 Gross Scheduled Income 90132 Insurance Expense 1800 Land Lease YN No Laundry Features Washer HookupLaundry Closet Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 53740 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 30651 Possession Close Of Escrow Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasWater Total Actual Rent 90132 Trash Expense 0 Water Sewer Expense 6045 Water Source Public Zoning Lar1



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T10:28:05.7. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Salman Muttalib of C-21 Astro (562-924-3381)