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Listing Details

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School Ratings & Info

Description

Amazing opportunity to own this 10 unit income property in the heart of Harbor City. It consists of nine 1 bedroom and 1 bathroom units and a 2 bedroom 1 bathroom unit. The sale includes a 4670 sqft strip of land (parcel# 7413001030) behind the property, which is being used by the tenants for parking. There is onsite laundry, a vending machine, and six carport spaces with storage on the property. The solar panels are owned free and clear. The property is located close to the Harbor City Recreation Center, Harbor City Skatepark, and there are many new constructions happening in the neighborhood.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T15:32:08.883. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
www.marknazzalrealty.com/homes/119750521
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25032 Frampton Avenue Harbor City, CA 90710

  • Price: $2,100,000
  • Status: Active
  • Updated: 50 min ago
  • ID#: SB21163976
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1977
Built
Neighborhood:
124 - Harbor City
County:
Los Angeles
Area:
124 - Harbor City
Property Description
Amazing opportunity to own this 10 unit income property in the heart of Harbor City. It consists of nine 1 bedroom and 1 bathroom units and a 2 bedroom 1 bathroom unit. The sale includes a 4670 sqft strip of land (parcel# 7413001030) behind the property, which is being used by the tenants for parking. There is onsite laundry, a vending machine, and six carport spaces with storage on the property. The solar panels are owned free and clear. The property is located close to the Harbor City Recreation Center, Harbor City Skatepark, and there are many new constructions happening in the neighborhood.
Exterior Features

Carport Spaces 6 Carport YN Yes Number Of Separate Electric Meters 10 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsPark Contingency None Electric Expense 800 Fuel Expense 0 Garage YN No Gross Income 117200 Gross Scheduled Income 117200 Insurance Expense 5000 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New Loan1031 Exchange Net Operating Income 77600 New Construction YN No New Taxes Expense 23000 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 10 Operating Expense 39600 Other Expense 1800 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 9378 Trash Expense 4000 Water Sewer Expense 5000 Water Source Public Zoning Lard1.5

Listing provided courtesy of Tamas Batyi of Century 21 Union Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T15:32:08.883. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
 
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Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
1473 Ford St., Suite 200
Redlands CA, 92373