Franz Rodriguez - Desert Lifestyle Properties Logo
$1,550,000
 $8,321 est/mo Sourced by Back At You

1340 253rd Street,Harbor City, CA 90710

Harbor City, CA 90710

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Description

We are proud to present 1340 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1,550,000. Built in 1957, the unit mix includes eight residential units with a mix of two-bedroom and three-bedroom floor plans. The property has undergone several improvements including tile flooring throughout, 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 shares a secured courtyard and parking with the adjacent 8-unit building at 1344 W 253rd Street (MLS# 26843231), and both properties must be sold concurrently at a combined asking price of $3,100,000 $193,750/unit. With approximately 60% rental upside, this is an ideal entry point for investors seeking a courtyard portfolio with long-term growth and reliable cash flow at a 6.15% current cap rate/10.10 current GRM and 11.61% market cap rate/6.43 market GRM. Reach out to Listing Agent for the full combined marketing package.

Details

MLS #26664277
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site168
Listing Provided ByMatthews Real Estate Investment Services | Nabil Awada

Features

Bed(s)16
Bath(s)8
SQ Feet5,192
Story(s)2
Units8
Building(s)1
ZoningLARD2
Acreage0.16

Exterior

Security FeaturesGated Community, Key Card Entry, Resident Manager

Parking

Parking FeaturesAssigned

Location

Community FeaturesGated

Area Information

StateCA
CountyLos Angeles
CityHarbor City
Zip Code90710
Area124 Harbor City
Listing VS Median (in 90710)
Price:
$1,550,000
low | high
Med:
$709,000
100% of Average
sqft:
5,192
low | high
Med:
796
100% of Average
$ / sqft:
$299
low | high
Med:
$891
100% of Average
On site:
168
low | high
Med:
121
100% of Average
Sourced by Back At You

Market Activity 90710

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Additional Information

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Learn More About This Property

Franz Rodriguez

Franz Rodriguez

Desert Lifestyle Properties

02002804 (951) 206-8296franzpsrealtor@gmail.com
StateCA
CountyLos Angeles
CityHarbor City
Zip Code90710
Area124 Harbor City
Listing VS Median (in 90710)
Price:
$1,550,000
low | high
Med:
$709,000
100% of Average
sqft:
5,192
low | high
Med:
796
100% of Average
$ / sqft:
$299
low | high
Med:
$891
100% of Average
On site:
168
low | high
Med:
121
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.162M - $1.937M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
1344 253rd Street Property Photo 1
$1,550,000
1344 253rd Street
Harbor City, CA 90710
25316 Frampton Avenue Property Photo 1
$1,900,000
25316 Frampton Avenue
Harbor City, CA 90710
Listing Updated: August 21, 2026 at 11:36:22 PM PDT