Harbor City Homes with Multi Family Subtype

Harbor City Homes with Multi Family Subtype

Welcome to Harbor City, California – a hidden gem nestled in the heart of Los Angeles County. This vibrant community offers a unique blend of urban convenience and suburban charm, making it an ideal place for families, professionals, and investors alike. With its close proximity to major highways, public transportation, and the bustling city of Los Angeles, Harbor City provides residents with easy access to a plethora of shopping, dining, and entertainment options.

One of the standout features of Harbor City is its diverse housing market, particularly the availability of multi-family homes. These properties are perfect for those looking to invest in real estate or for families seeking spacious living arrangements. Multi-family homes in Harbor City offer a variety of configurations, from duplexes to larger apartment complexes, catering to different lifestyles and budgets. Whether you're looking to generate rental income or accommodate extended family, these homes provide the flexibility and space you need.

Harbor City is also known for its beautiful parks, such as the scenic Ken Malloy Harbor Regional Park, where residents can enjoy outdoor activities, picnics, and stunning views. The community fosters a welcoming atmosphere, with friendly neighbors and a strong sense of belonging.

In addition to its residential appeal, Harbor City boasts excellent schools and amenities, making it a great choice for families. With its rich history and bright future, Harbor City is not just a place to live; it's a community where you can thrive. Explore the multi-family homes available in this charming city and discover the perfect fit for your lifestyle!

Newest Harbor City Homes with Multi Family Subtype

$1,498,800
DW22136678 MLS Active Status Sunset Apartments BLDG.
We are pleased to present the Sunset Apartments, a 6 unit apartment building in Harbor City in the South Bay submarket of Los Angeles. The unit mix consists of (1) Huge 3bd/2ba with attached direct entry 1-car garage, (3) Large 2bd/1ba, and (2) Studio/1ba units. This is an extremely rare opportunity as the building is being offered with the two largest units vacant and renovated! A new owner will be able to choose their own tenants and achieve market rent for these units starting on Day 1 and capitalize on the high rental demand in the area that has very low average vacancy and high rents. The other units offer huge rental upside as the units turn over the new owner will be able to achieve a 7.4% Market Cap Rate. This building benefits from the excellent central location within minutes between Redondo Beach, Palos Verdes, San Pedro port, and Long Beach. The 6 unit building next door (1652 Lomita Blvd) is also listed for sale (separate seller) and is a mirror copy of this building with identical unit mix. Here's your opportunity to purchase these side by side buildings in a strong rental market. Harbor City is a small suburb connecting Greater Los Angeles to the port cities of Wilmington and San Pedro. It borders affluent cities such as Rancho Palos Verdes, Rolling Hills, and Torrance. The building is located seconds to Pacific Coast Highway and is a short drive to beach cities such as Long Beach to the east, Redondo Beach and Manhattan Beach to the Northwest. High Rental Demand in Excellent South Bay submarket within minutes to Pacific Coast Highway and neighboring Rolling Hills Estates and Palos Verdes Estates. Huge Rental Income Upside - 7.4% Proforma CAP Rate and 9.94 Proforma GRM. Near abundance of employment opportunities in Long Beach, San Pedro and Wilmington Ports.

1656 Lomita Boulevard, Harbor City

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.