Harbor Gateway (122) Homes with None Parking features

Harbor Gateway (122) Homes with None Parking features

**Discover the Charm of Harbor Gateway in Torrance, CA**

Nestled in the vibrant city of Torrance, California, Harbor Gateway is a hidden gem that offers a unique blend of urban convenience and suburban tranquility. This diverse neighborhood is characterized by its rich cultural tapestry, making it a welcoming place for families, young professionals, and retirees alike. With easy access to major freeways, residents enjoy seamless commutes to downtown Los Angeles, the South Bay, and beyond, while still relishing the peaceful ambiance of their community.

One of the standout features of Harbor Gateway is its variety of housing options, including homes that embrace a "none parking" feature. This innovative approach to urban living is perfect for those who prefer a more minimalist lifestyle or rely on public transportation. With the bustling Torrance Transit Center nearby, residents can easily navigate the area without the need for a personal vehicle. This eco-friendly option not only reduces your carbon footprint but also opens up opportunities to explore the local shops, parks, and eateries that are just a short walk away.

The Harbor Gateway area is home to numerous parks, recreational facilities, and community events, fostering a strong sense of belonging among its residents. From weekend farmers' markets to seasonal festivals, there's always something happening to bring the community together. Whether you're looking to invest in a cozy bungalow or a modern townhome, Harbor Gateway offers an inviting atmosphere that makes it easy to call this area home. Embrace the charm of Torrance and discover the endless possibilities that await you in Harbor Gateway!

Newest Harbor Gateway (122) Homes with None Parking features

$2,950,000
OC26175414 MLS Active Status
The Mogharebi Group is pleased to present the opportunity to acquire a 16-unit apartment community located at 720 North Wilmington Boulevard in the City of Wilmington, California. Situated on a 13,398 square foot lot, the property consists of two two-story residential buildings totaling approximately 10,488 square feet and features an attractive unit mix of sixteen two-bedroom, one-bathroom apartments. The Current capitalization rate is 5.10% at asking price and the Market capitalization rate exceeds 8%. The property offers investors the opportunity to acquire a well-located workforce housing asset in one of Los Angeles County's strongest rental markets. All units are individually metered for gas and electricity, significantly reducing owner operating expenses, while tenants benefit from convenient on-site parking and landscaped courtyard areas. Every apartment is a desirable two-bedroom floor plan featuring vinyl flooring and carpet in the living areas, Formica countertops, gas wall heating, range/oven, refrigerator, hood fan, and garbage disposal. The property includes sixteen surface parking spaces, central gas water heating, and attractive landscaped common areas. Located just minutes from the Port of Los Angeles, Interstate 110, SR-47, and numerous major employment centers throughout the South Bay and Harbor region, the property benefits from consistent tenant demand driven by port-related employment, logistics, manufacturing, healthcare, and transportation industries. The central location also provides convenient access to Downtown Long Beach, San Pedro, Carson, and Torrance. l. Investment Highlights • 16 spacious two-bedroom, one-bathroom apartment homes • Two-story apartment community on approximately 13,398 SF lot • Approximately 10,488 rentable square feet • RUBS in place • Individually metered for gas and electricity • Sixteen on-site surface parking spaces • Landscaped courtyard setting • Strong workforce housing location serving the Port of Los Angeles and South Bay employment centers • Opportunity to increase income through unit upgrades and professional management • Excellent long-term hold in a high-demand Los Angeles County rental market

724 N Wilmington, Wilmington

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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.