Excellent investment opportunity in the highly desirable Harbor City area of Los Angeles. All 8 unit is fully occupied with reliable long-term tenant. This is a well-maintained multi-family property that features two separate four-unit buildings with approximately 7,408 sq ft of interior living space situated on a lot over 15,500 sq ft in size. Each of the eight units offers 2 bedrooms and 1 bathroom with over 900 sq ft of living space. The property includes detached garage parking for each unit, with storage shelves, and community laundry facilities that offer investors additional income. Recent improvements include exterior painting, roof, and upgraded electrical panel. Many units feature updated kitchens and bathrooms along with flooring. Utilities are individually metered for gas and electricity. The property benefits from stable and reliable tenants on month-to-month leases, offering flexibility for future rent adjustments. Good chance to own fully occupied 8-unit income property. ***Monthly Income*** 8 Unit actual rent (fully occupied): $14,713 Projected monthly income: $16,800 Laundry income: $200 Conveniently located with easy access to major freeways, and close to schools, shopping, and healthcare facilities including Kaiser Permanente South Bay Medical Center. A rare opportunity to acquire a stable, low maintenance, income-producing asset in a strong rental market. This is a trust sale. Property sold As-is. Reach out to the listing agent to verify details and receive further information
| MLS # | SB26050581 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 174 |
| Listing Provided By | New Star Realty & Investment | Jun Chang |
| SQ Feet | 7,408 |
|---|---|
| Garage | 8 |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 2 |
| Acreage | 0.36 |
| Property View | Yes |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Fireplace Yes / No | No |
| Lot Features | Paved |
|---|
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Harbor City |
| Zip Code | 90710 |
| Area | 124 Harbor City |
| Listing VS Median (in 90710) | |
Price: $2,200,000 low | high Med: $1,397,500 sqft: 7,408 low | high Med: 4,298 $ / sqft: $297 low | high Med: $328 On site: 174 low | high Med: 115 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Harbor City |
| Zip Code | 90710 |
| Area | 124 Harbor City |
| Listing VS Median (in 90710) | |
Price: $2,200,000 low | high Med: $1,397,500 sqft: 7,408 low | high Med: 4,298 $ / sqft: $297 low | high Med: $328 On site: 174 low | high Med: 115 | |