25701 President Avenue, Harbor City, CA 90710
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Sold Price :
$1,104,000
-
Beds :
11
-
Baths :
10
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Property Size :
4,953 sqft
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Year Built :
1950
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
Interior Features
| Bedroom Information |
| Bedrooms |
11 |
| Bathroom Information |
| Bathrooms |
10 |
Listing Information
| Address |
25701 President Avenue |
| City |
Harbor City |
| State |
CA |
| Zip |
90710 |
| County |
Los Angeles |
| Listing Agent |
Jonathan Nikfarjam DRE #01856803 |
| Courtesy Of |
Shield CRE, Inc. |
| Close Price |
$1,104,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
4,953 |
| Lot Size |
8,408 |
| Year Built |
1950 |
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.
