Harbor City, CA 90710 1344 253rd Street

1344 253rd Street Harbor City, CA - Image 11344 253rd Street Harbor City, CA - Image 21344 253rd Street Harbor City, CA - Image 3
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Presented By: Nabil Awada with Matthews Real Estate Investment Services;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25553203
  • 06/17/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 33
  • Baths • 16
  • SQFT • 10,291
  • Garage • 1

Home Details

We are proud to present 1340 & 1344 253rd Street in Harbor City, California. This opportunity consists of two adjacent two-story apartment buildings (APNS: 7410-027-046 & 7410-027-047), each with eight residential units, for a total of 16 units. Built in 1957 and 1958, the unit mix includes (15) two-bedroom units and (1) three-bedroom unit. The properties have undergone several improvements over the years, including tile flooring throughout (no carpet), upgraded kitchen cabinetry and countertops, enhanced wall heaters and ceiling fans, new stucco and exterior paint, newer water heaters, copper plumbing, and dual-pane windows. The complex has two security gates, accessible from the front and back parking lot. With approximately 64% rental upside, the portfolio is ideal for investors seeking long-term growth and reliable cash flow. 10.25% Market Cap & 7.17 Market GRM.
Presented By: Nabil Awada with Matthews Real Estate Investment Services;

Interior Features for 1344 253rd Street

Bedrooms

Total Bedrooms33

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths16

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 1344 253rd Street

Additional Parcels Y/NYes
Attached Garage No
Cap Rate5.0
Carport Y/NNo
CityHarbor City
Community FeaturesGated
CountyLos Angeles
DirectionsSouth of Lomita Blvd. North of Pacific Coast Hwy.
DisclosuresRentControl
Full Baths
Garage Y/NYes
Gross Income298435.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet13923.0
Lot Size UnitsSquareFeet
MLS Area124 - Harbor City
MobileHomeRemainsYNNo
Net Operating Income174646.0
New ConstructionNo
Number Of Units Total16
Occupancy TypeTenant
Open Parking Spaces22.0
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesGatedCommunity, KeyCardEntry, ResidentManager
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tenant PaysElectricity, Gas
Year Built1958
ZoningLARD2

Exterior for 1344 253rd Street

Building Area Total10291.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3196
Lot Size Area13923.0
Lot Size SourceAssessor
Number of Buildings2
Parking FeaturesAssigned, Garage, Tandem
Private PoolNo
SpaNo
Total Parking22.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,495,000
MLS#25553203
List Date 06/17/2025
Property Type Multi-Family
Phone 714.742.6515
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