1503 257th, Harbor City, CA 90710

Harbor City
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1503 257th,Harbor City, CA 90710
$1,149,000
  • 9 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joshua hammond
Office: compass
MLS#:SB26139825
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,149,000

About this home

This fully occupied 4-unit quadruplex at 1503 W 257th St offers one of the most compelling value-add stories on the market today with rents significantly below market rate, the path to a 7% CAP rate is already mapped out for you. Major updates in 2020: Full remodel of front house, exterior paint and termite clerance/tenting. The property currently generates $5,543/month in gross rents, but make no mistake that number tells only half the story. With units priced well under prevailing market rents in the Harbor City area, a savvy buyer has immediate runway to close the gap and dramatically boost NOI. Bring rents to market and this property performs at a 7% CAP rate exceptional for the Los Angeles South Bay market. Spanning 3,551 sq ft across 9 bedrooms and 4 bathrooms on a corner lot, this well-maintained quadruplex offers the scale to move the needle. Four garage spaces add a premium amenity that commands top-of-market rents and reduces vacancy. In-unit laundry hookups in each unit...

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Home facts

  • Listing ID #:SB26139825
  • Added:47 day(s) ago
  • Updated:August 13, 2026 at 02:11 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4

Finances and disclosures

  • Price:$1,149,000
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