Harbor City Homes with Multi Family Subtype

Welcome to Harbor City, California – a hidden gem nestled in the heart of Los Angeles County! This vibrant community offers a perfect blend of suburban charm and urban convenience, making it an ideal place for families, professionals, and investors alike. With its close proximity to the bustling city of Los Angeles, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, while still relishing the tranquility of a friendly neighborhood atmosphere.

Harbor City is known for its diverse community and rich cultural heritage, providing a welcoming environment for all. The area is characterized by its beautiful parks, scenic views, and a variety of recreational activities, making it perfect for outdoor enthusiasts. Whether you’re strolling through the local parks, enjoying a day at the beach, or exploring nearby attractions like the Port of Los Angeles, there's always something to capture your interest.

For those looking to invest in real estate, Harbor City offers an array of homes with a multi-family subtype, ideal for generating rental income or accommodating extended family. These properties provide a fantastic opportunity to tap into the growing rental market in Los Angeles County. With spacious layouts, modern amenities, and a variety of styles, multi-family homes in Harbor City cater to a wide range of needs and preferences.

Whether you're seeking a cozy duplex or a larger multi-unit building, Harbor City’s real estate market is ripe with potential. Embrace the charm of this thriving community and discover the perfect multi-family home that aligns with your lifestyle and investment goals. Welcome to Harbor City – where opportunity meets community!

Newest Harbor City Homes with Multi Family Subtype

$1,498,800

DW22136678 MLS ⋅ Active Status ⋅ Sunset Apartments BLDG.

We are pleased to present the Sunset Apartments, a 6 unit apartment building in Harbor City in the South Bay submarket of Los Angeles. The unit mix consists of (1) Huge 3bd/2ba with attached direct entry 1-car garage, (3) Large 2bd/1ba, and (2) Studio/1ba units. This is an extremely rare opportunity as the building is being offered with the two largest units vacant and renovated! A new owner will be able to choose their own tenants and achieve market rent for these units starting on Day 1 and capitalize on the high rental demand in the area that has very low average vacancy and high rents. The other units offer huge rental upside as the units turn over the new owner will be able to achieve a 7.4% Market Cap Rate. This building benefits from the excellent central location within minutes between Redondo Beach, Palos Verdes, San Pedro port, and Long Beach. The 6 unit building next door (1652 Lomita Blvd) is also listed for sale (separate seller) and is a mirror copy of this building with identical unit mix. Here's your opportunity to purchase these side by side buildings in a strong rental market. Harbor City is a small suburb connecting Greater Los Angeles to the port cities of Wilmington and San Pedro. It borders affluent cities such as Rancho Palos Verdes, Rolling Hills, and Torrance. The building is located seconds to Pacific Coast Highway and is a short drive to beach cities such as Long Beach to the east, Redondo Beach and Manhattan Beach to the Northwest. High Rental Demand in Excellent South Bay submarket within minutes to Pacific Coast Highway and neighboring Rolling Hills Estates and Palos Verdes Estates. Huge Rental Income Upside - 7.4% Proforma CAP Rate and 9.94 Proforma GRM. Near abundance of employment opportunities in Long Beach, San Pedro and Wilmington Ports.

1656 Lomita Boulevard, Harbor City

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.