Cap Rate
5.94%
$ per SF
$309
1340-44 253rd Street, Harbor City, CA, 90710
1340 & 1344 253RD STREET$3,175,000
Key Information
Tot. SF
10,291
$ per unit
$198,438
Units
16
Year Built
1957 & 1958
Type
Apartments
Highlights
- 5.94% CURRENT CAP RATE & 10.36 CURRENT GRM
- 11.47% MARKET CAP & 6.51 MARKET GRM
- 60% RENTAL UPSIDE POTENTIAL
- 16 TOTAL UNITS – TWO (8) UNIT BUILDINGS WITH COURTYARD
- (1) 3BED/1BATH & (15) 2BED/1BATH UNITS
- INDIVIDUALLY METERED FOR GAS & ELECTRICITY
- GATED & SECURED PROPERTY
- 11 TANDEM SPACES (22 TOTAL) – ADDITIONAL PARKING INCOME
- NORTH OF PCH – BLOCKS FROM KAISER PERMANENTE SOUTH BAY MEDICAL CENTER, KEN MALLOY HARBOR REGIONAL PARK, AND EASY FREEWAY ACCESS
Photos
Location
Agents
N
Nabil AwadaLicense # 02046840 (CA)
Broker of Record
David Harrington
License # 02168060 (CA)Matthews Real Estate Investment Services, Inc2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245