Active
25032 Frampton Avenue
Harbor City CA, 90710
$1,500,000
$201.61 per sqft
Active
11 Beds
10 Baths
7,440 sqft
Residential
Built in 1977
Listed by Mark Cianciulli with The CREM Group 323-208-9512
25032 Frampton Avenue in Harbor City, CA, is a 10-unit apartment building offering significant value-add potential. Constructed in 1977, the property consists of nine 1-bedroom units and one 2-bedroom unit, totaling 7,440 square feet of gross building area on a 10,004-square-foot lot. Included in the offering is the adjacent "alley parcel," an additional 4,670 square feet utilized for tenant parking, bringing the total land area to 14,674 square feet. With current rents over 40% below market, this property offers an opportunity to achieve north of a 10% CAP rate upon unit turnover, making it an exceptional investment for those seeking value growth.
25482381
MLSⓇ ID
January 14, 2025
Listed
February 12, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
11
Total Bathrooms
10
Full Bathrooms
10
Laundry Description
See Remarks
Floor Description
Tile
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.23 Acres
Architectural Style
Traditional
Roof
Tile
Other Property Details
Area Name
124 - Harbor City
Days on Market
8
Garage
No
Parking
Carport, One Space
Parking Total
0
View
No
View Description
None
County
Los Angeles
Pool Features
None
Zoning
LARD1.5
Listing Contact: 323-347-1009
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/12/2025. 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.
©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 2/12/2025 at 7:03 PM UTC