1652 Lomita Boulevard Active

Harbor City,CA 90710

$ 1320000

5 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24231665

Bedrooms 5

HOA Y/N No

Lot Size 5,941 Sqft

Property Description

Starlight is a six-unit apartment community built in 1964. It offers an appealing mix of apartments: two studio units, three two-bedroom one-bath units, and one three-bedroom two-bath unit. Parking is secured at the rear of the property. The community has a full occupancy rate of 100% and enjoys reliable rent collections in a stable rental market. The Marker Cap Rate is in the 9% range. Residents benefit from quick access to major freeways, as well as proximity to schools, shopping centers, and restaurants. Additionally, the beautiful beaches of Torrance are only a 15-minute drive away.
Starlight is a six-unit apartment community built in 1964. It offers an appealing mix of apartments: two studio units, three two-bedroom one-bath units, and one three-bedroom two-bath unit. Parking is secured at the rear of the property. The community has a full occupancy rate of 100% and enjoys reliable rent collections in a stable rental market. The Marker Cap Rate is in the 9% range. Residents benefit from quick access to major freeways, as well as proximity to schools, shopping centers, and restaurants. Additionally, the beautiful beaches of Torrance are only a 15-minute drive away.

Location

State CA

County Los Angeles

Area Harbor City (90710)

Zoning Estimated

Interior

Appliance Radiant

Building

Lot Description Curbs,Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $140

Acceptable Financing Cash,Exchange

Space Rent $929

Listing Terms Cash,Exchange

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