1340 253rd Street
Harbor City
90710
$3,150,000
Residential Income
beds: 33
baths: 16.0
10,291 sq. ft.
built: 1957
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 26664277
- Bedrooms:
- 33
- Bathrooms:
- 16
- Year Built:
- 1957
- Photos (18)
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We are proud to present 1340 & 1344 253rd Street in Harbor City, California. This opportunity consists of two adjacent two-story apartment buildings (APNS: 7410-027-046 & 7410-027-047), each with eight residential units, for a total of 16 units. Built in 1957 and 1958, the unit mix includes (15) two-bedroom units and (1) three-bedroom unit. The properties have undergone several improvements over the years, including tile flooring throughout (no carpet), upgraded kitchen cabinetry and countertops, enhanced wall heaters and ceiling fans, new stucco and exterior paint, newer water heaters, copper plumbing, and dual-pane windows. The complex has two security gates, accessible from the front and back parking lot. With approximately 60% rental upside, the portfolio is ideal for investors seeking long-term growth and reliable cash flow. 11.65% Market Cap & 6.46 Market GRM. Reach out to Listing Agent for full marketing package or visit property website.
- Total Floor Area:
- 10,291 sq. ft.
- Lot Area:
- 13,923 sq. ft.
- Lot Details:
- 100x280
- Bedrooms:
- 33
- Full Bathrooms:
- 0
- Three Quarter Bathrooms:
- 0
- Half Bathrooms:
- 0
- One Quarter Bathrooms:
- 0
- Bathrooms:
- 16.0 (Full:0, Half:0)
- Year built:
- 1957 (Age: 69)
- General Listing Location:
- Harbor City, 124 - Harbor City
- County Or Parish:
- Los Angeles
- Tenant Pays:
- Electricity, Gas
- Gross Income:
- $7,017
- Net Operating Income:
- $190,408
- Cap Rate %:
- 6.04
- Rent Control:
- Yes
- Vacancy Allowance Rate:
- $3
- South of Lomita Blvd. North of Pacific Coast Hwy.
- Number of Buildings:
- 2
- Community Features:
- Gated
- Senior Community:
- No
- Security Features:
- Gated Community, Key Card Entry, Resident Manager
- Levels:
- Two
- Num Stories:
- 2
- New Constr.:
- No
- # Units:
- 16
- Total Parking Spaces:
- 12
- Parking Features:
- Assigned
- Special Listing Conditions:
- Standard
- Parcel Number:
- 7410027046
- Zoning:
- LARD2
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Listed by Matthews Real Estate Investment Services
Data was last updated March 13, 2026 at 10:40 PM (UTC)
- JUSTIN EDEN
- STEIN TEAM REALTY
- 1 (214) 3645204
- Contact by Email
Based on information from California Regional Multiple Listing Service, Inc. as of March 13, 2026 at 10:40 PM (UTC) and/or other sources.
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.
Justin Eden
DRE Lic: 02081632
Location
337 E Arrow Hwy
Claremont, CA, 91711