Harbor City (124) 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 suburban charm and urban convenience, making it an ideal place for families, young professionals, and investors alike. With its close proximity to the bustling city of Los Angeles, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, while still being able to retreat to the peacefulness of their neighborhood.

Harbor City boasts a rich history and a diverse population, creating a welcoming atmosphere for all. The area is known for its beautiful parks, scenic views, and a strong sense of community. Whether you’re exploring the picturesque Harbor Regional Park or enjoying a leisurely stroll along the waterfront, there’s always something to do in this lively locale.

For those interested in real estate, Harbor City offers a fantastic selection of multi-family homes. These properties are perfect for investors looking to capitalize on the growing rental market or families seeking spacious living arrangements. With various options available, from duplexes to larger multi-unit buildings, buyers can find the perfect fit for their needs. The multi-family homes in Harbor City are not only a wise investment but also provide an opportunity for a vibrant community lifestyle, where neighbors become friends.

Embrace the charm of Harbor City, where the possibilities are endless. Whether you’re considering a move or looking to invest, this thriving community awaits with open arms and endless potential!

Newest Harbor City (124) 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.