For Sale Property MLS# PW26210830

1652 W Lomita Blvd

Harbor City, CA 90710

$1,420,000

california-regional-mls-rsd logo

About 1652 W Lomita Blvd

Cali Keys Realty presents an exceptional investment opportunity in Harbor City. 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.

Property details

Property

Type
Mixed Use
MLS type
Other
Status
Active
Year built
1964
Stories
2
Living area
4,684 sqft
Price / sqft
$303
Lot
0.1364
Original price
$1,525,000
MLS #
PW26210830

Interior

Heating
Radiant
Laundry
Laundry Room

Exterior & lot

Features
Parking spaces: 6
Construction
2
Lot
7410018036
Parking
Assigned

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
7410018036
Special conditions
Standard

Location

Area
124 - Harbor City
County
Los Angeles
Neighborhood
Harbor City
Community
0.0
Directions
Lomita Blvd & Western Ave

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Listed by Sergio Scerra, Cali Keys Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.