Nd St, Harbor City, Home For Sale

house for sale

Listed: 08/31/24

1105 252nd St, Harbor City, California, 90710

18 Bed:

10 Bath:

6,776 Sq Ft Living Area:

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Price

$ 1,5M

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About This House

Located in Harbor City, California, 1105 W.252nd Street is a 10-unit value-add apartment building with over 80% rental upside. The property is priced at just$149, 500per unit and $221 per square foot, and offers a 10.37% market cap rate and 6.36 market GRM. The building features (8) 2BD /1BAunits and (2) 1BD /1BAunits, as well as (10) surface parking spaces within the secured access lot. Over $165K in property improvements include a double-pane windows, new copper plumbing throughout the building, major plumbing and bathroom upgrades, and parking resurfacing/ restriping. Harbor City is a growing community strategically situated near major employment centers and within convenient access to commuter thoroughfares. Just seven miles away, developers are spending nearly $1 billion to transform the LA Waterfront into 400 acres of world-class facilities for entertainment, recreation, education and innovation.

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Houses for sale in Los Angeles

Original listing

Harbor City Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.