1652 Lomita Blvd | Harbor City, CA 90710
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- LoopNet Team
1652 Lomita Blvd
Harbor City, CA 90710
Price Adjustment! 10.3% Proforma Cap Rate! · Multifamily Property For Sale · 6 Units
INVESTMENT HIGHLIGHTS
- Excellent Unit Mix: (1) 3Bd/2Ba with direct access to 1-car garage, (3) 2Bd/1Ba, and (2) Studio/1 Bath units.
- High Rental Demand in Excellent South Bay submarket next to Palos Verdes Peninsula and within minutes from Redondo Beach, Long Beach, etc
- Available together or separately with the 6 unit building (different Seller) next door which has an identical unit mix.
- Huge 45% Upside in Rental Income - 10.3% Proforma CAP Rate -Seismic Retrofit already Complete
- Near abundance of employment opportunities in Long Beach, San Pedro Ports and Wilmington Ports.
- Within walking distance to an abundant amount of doctor offices, clinics, pharmacies, pediatricians, and medical field employment.
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,684 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1964 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,684 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
UNIT AMENITIES
- Storage Space
- Kitchen
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $2,554 | - |
| 2+1 | 3 | $1,561 | - |
| Studios | 2 | $929.00 | - |
PROPERTY TAXES
| Parcel Number | 7410-018-036 | Improvements Assessment | $921,021 |
| Land Assessment | $960,932 | Total Assessment | $1,881,953 |
PROPERTY TAXES
Parcel Number
7410-018-036
Land Assessment
$960,932
Improvements Assessment
$921,021
Total Assessment
$1,881,953
ZONING
| Zoning Code | R3 (Multiple Dwelling) |
| R3 (Multiple Dwelling) |
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