Harbor City, CA 90710,1652 Lomita Boulevard
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$ 1,320,000
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1652 Lomita Boulevard Harbor City, CA 90710

5 Beds

4 Baths

5,941 Sqft Lot


UPDATED:

12/22/2024 07:35 AM

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


San Diego Regional MLS (SDMLS)
Listed by Mike Marcu • Mike Marcu, Broker

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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1652 Lomita Boulevard