$1,104,000
$1,200,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
10 Baths
4,953 SqFt
SOLD DATE : 09/26/2024
Key Details
Sold Price $1,104,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,953 sqft
Price per Sqft $222
MLS Listing ID 24416947
Sold Date 09/26/24
Bedrooms 11
HOA Y/N No
Year Built 1950
Lot Size 8,407 Sqft
Property Description
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
Location
State CA
County Los Angeles
Area 124 - Harbor City
Zoning LAR3
Interior
Fireplace No
Exterior
Garage Garage, Uncovered
Garage Spaces 2.0
Garage Description 2.0
Total Parking Spaces 9
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7410025001
Special Listing Condition Standard
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Bought with Sarah Kim • Sarah Kim, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "