Harbor City, CA 90710 1105 252nd Street
$1,375,000
13 more
Presented By: Robert Stepp with Keller Williams - Santa Monica; 310-463-2916
Beds • 16
Baths • 1
SQFT • 6,776
Home Details
Located in Harbor City, California, 1105 W. 252nd Street is a 10-unit value-add apartment building with over 80% rental upside*. The property is priced at just $137,500 per unit and $203 per square foot, and offers a 11.54% market cap rate and 5.85 market GRM. The building features (8) 2BD /1BA units and (2) 1BD /1BA units, as well as (10) surface parking spaces within the secured access lot. Over $165K in property improvements include a double-pane windows, new copper plumbing throughout the building, major plumbing and bathroom upgrades, and parking resurfacing/ restriping. Harbor City is a growing community strategically situated near major employment centers and within convenient access to commuter thoroughfares. Just seven miles away, developers are spending nearly $1 billion to transform the LA Waterfront into 400 acres of world-class facilities for entertainment, recreation, education and innovation.
Presented By: Robert Stepp with Keller Williams - Santa Monica; 310-463-2916
Interior Features for 1105 252nd Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 1105 252nd Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.0
Carport Y/NNo
CityHarbor City
Community FeaturesCurbs
CountyLos Angeles
Days on Market31
DirectionsW Lomita Blvd
Electric Expense4513.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense4513.0
Garage Spaces0.0
Garage Y/NNo
Gross Income127681.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense8400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet12244.0
Lot Size UnitsSquareFeet
MLS Area124 - Harbor City
MaintenanceExpense6500.0
MobileHomeRemainsYNNo
Net Operating Income63283.0
New ConstructionNo
NumberOfUnitsTotal10
Open Parking Spaces10.0
Operating Expense64398.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tax Lot1
Taxes$19,109
TermsCash, CashToNewLoan, Exchange1031
Trash Expense4513.0
View Y/NNo
Water Sewer Expense4513.0
Waterfront Y/NNo
Year Built1962
Year Built SourceAssessor
ZoningLAR1
Exterior for 1105 252nd Street
Building Area Total6776.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.2811
Lot Size Area12244.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking10.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480