1426 254th Street

    Harbor City, CA 90710
    • $1,050,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: PW19031818
    UPDATED: 16 min ago
    $1,050,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,281
      SQFT
    • $320
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    1426 254th Street, a four-unit investment property in Harbor City, California. The property is located between Western and Belle Porte avenues just 200 feet from Harbor City Elementary School. This area is a solid majority-renter market with low vacancy rates.1426 254th Street consists of a three-bed/two-bath front house and a rear building with three one-bed/one-bath units. All of the units are separately metered for gas and electricity. The property also offers four garage parking spaces and three surface spaces. As a 1953 construction, this property is subject to rent control.This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T13:34:41.95. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/91735453

    1426 254th Street Harbor City, CA 90710

    • Price: $1,050,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: PW19031818
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,281
    SQFT
    $320
    $/SQFT
    1953
    Built
    Neighborhood:
    124 - Harbor City
    County:
    Los Angeles
    Area:
    124 - Harbor City
    Property Description
    1426 254th Street, a four-unit investment property in Harbor City, California. The property is located between Western and Belle Porte avenues just 200 feet from Harbor City Elementary School. This area is a solid majority-renter market with low vacancy rates.1426 254th Street consists of a three-bed/two-bath front house and a rear building with three one-bed/one-bath units. All of the units are separately metered for gas and electricity. The property also offers four garage parking spaces and three surface spaces. As a 1953 construction, this property is subject to rent control.This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
    Exterior Features

    Garage Spaces 4.00 Lot Features Front Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 7.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 72600.00 Gross Scheduled Income 72600.00 Insurance Expense 0.00 Land Lease YN No Laundry YN No Net Operating Income 46352.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Operating Expense 25522.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 25522.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Steven Bogoyevac of Steven M. Bogoyevac, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T13:34:41.95. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024