Pending

1223 Anaheim Street

Harbor City CA, 90710

$10,950,000


$209.64 per sqft

Pending

52,233 sqft

Condo

Built in 1954

Listed by Josh Cohen with Keller Williams Beach Cities 310-939-9300

Price just reduced $1,000,000! The Harbor View Apartments, located at 1223-1281 Anaheim Street in Harbor City, are a 48-unit multifamily complex is available for sale for the first time in 22 years. Current income is solid, and the investment boasts projected rental upside of approximately 40% +/-! The units themselves are all spacious 2 Bed / 1 Baths averaging about 1,000 square feet each. Units are all individually metered for gas and electricity, and there is a RUBS program implemented, helping reduce utility costs for ownership. Tenants will enjoy plenty of covered parking at the rear of the property (with small storage cubbies), onsite laundry, and attractively landscaped grounds. The property is comprised of twelve separate buildings across nearly two acres of land. While still being located in the South Bay, there is convenient freeway and transit access to most of Los Angeles! An asset of this size is rarely available for sale in the South Bay, and an astute investor will not want to miss their chance to own a reliable investment in a proven market.

SB24088351

MLS ID

May 2, 2024

Listed

July 8, 2024

Updated

Map

1223 Anaheim Street
Harbor City CA, 90710

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.89 Acres


Lot Features

Rectangular Lot


Sewer

Public Sewer

Other Property Details

Area Name

124 - Harbor City


Days on Market

43


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR3


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

6/14/2024

Pending

6/4/2024

Price Change

$10,950,000

-9%

Listing Contact: 310-939-9300 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/8/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/8/2024 at 9:10 AM UTC

 

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