Under contract

Active Under Contract

25701 President Avenue

Harbor City CA, 90710

$1,200,000


$242.28 per sqft

Under contract

Active Under Contract

11 Beds

10 Baths

4,953 sqft

Residential

Built in 1950

Listed by Jonathan Nikfarjam with Shield CRE, Inc. 310-593-9868

7-Unit Apartment in Harbor City | Located a Few Blocks from Kaiser Permanente South Bay Medical Center, Harbor Park & the Harbor Park Golf Course & Sports Complex | Offered at Only $171,429 Per Unit | 10.66% Pro-Forma Cap Rate & 6.72 Pro-Forma GRM | 5.47% Current Cap Rate & 10.49 Current GRM | ADU Potential - Opportunity to Convert Garages into an ADU | Large 8,408-SF Corner Lot | Approximately 56% in Rental Upside | Total of 9 Parking Spaces - 2 Garages and 7 Surface Parking Spaces | Close Proximity to Rolling Hills Plaza, Torrance Towne Center and Torrance Crossroads & Palos Verdes

24416947

MLS ID

July 18, 2024

Listed

August 30, 2024

Updated

Map

25701 President Avenue
Harbor City CA, 90710

Interior Features

Total Stories

2


Bedrooms

11


Total Bathrooms

10


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.19 Acres

Other Property Details

Area Name

124 - Harbor City


Days on Market

18


Garage

Yes


Garage Spaces

2


Parking

Garage, Uncovered


Parking Total

9


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listing History

Date

Event

Price

8/5/2024

Under contract

Listing Contact: 310-593-9869 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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 8/30/2024 at 7:10 PM UTC

 

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