25701 President Avenue

Harbor City, CA 90710

$1,104,000

Sold Price
11

bed Beds

10

shower Baths

4,953 sqft

straighten / sqft

1950

calendar_month Built

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

Listing Information

Close Price $1,104,000
Close Date Thursday, September 26th, 2024
Status Closed
MLS 24416947
Type Residential Income
Year Built 1950
Lot Size 8,408
Structure Size 4,953
DOM 18
Courtesy Of Shield CRE, Inc.
Listing Agent Jonathan Nikfarjam DRE#01856803

Interior Features

Total Bedroom
Bedrooms 11
Total Bathroom
Bathrooms 10

Exterior Information

Maps

Listing information courtesy of: Jonathan Nikfarjam, Shield CRE, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.