Harbor City Homes with Multi Family Subtype

Welcome to Harbor City, a hidden gem nestled in the heart of Los Angeles County, California. 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 amenities, including shopping, dining, and entertainment options, while still relishing the tranquility of a tight-knit neighborhood.

Harbor City is particularly known for its diverse real estate market, with a notable emphasis on multi-family homes. These properties are perfect for those looking to invest in rental opportunities or for extended families seeking to live close together while maintaining their independence. The multi-family homes in Harbor City come in various styles and sizes, from cozy duplexes to spacious triplexes, catering to a wide range of lifestyles and budgets.

The area boasts a rich tapestry of community parks, schools, and recreational facilities, fostering a warm and welcoming atmosphere. Residents can enjoy outdoor activities at nearby parks or take a leisurely stroll along the scenic waterfront. The local schools are highly regarded, making Harbor City an excellent choice for families with children.

Whether you are looking to invest in a multi-family property or find a home that suits your family's needs, Harbor City offers a unique opportunity to be part of a thriving community. Experience the best of both worlds—urban living with suburban comfort—right here in Harbor City, California!

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.