1340 253rd Street, Harbor City, CA 90710

Harbor City
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1340 253rd Street,Harbor City, CA 90710
$1,550,000
  • 16 Beds
  • 8 Baths
  • 5,192 sq. ft.
  • Multi-family
  • Active
Listed by: nabil awada
Office: matthews real estate investment services866-889-0550
MLS#:26664277
Source:CRMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$298.54

About this home

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...

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Home facts

  • Year built:1957
  • Listing ID #:26664277
  • Added:208 day(s) ago
  • Updated:October 08, 2026 at 11:26 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Living area:5,192 sq. ft.

Structure and exterior

  • Year built:1957
  • Building area:5,192 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$298.54

Parking

  • Total parking spaces:5
  • Parking description:Assigned
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