Harbor Gateway (122) Homes under $800,000

Harbor Gateway (122) Homes under $800,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Harbor Gateway (122) and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest Harbor Gateway (122) Homes under $800,000

1344 254th, Harbor City
$755,000
3 Beds ⋅ 2 Baths ⋅ OC26175812 MLS ⋅ Active Under Contract Status
Rare Harbor City Opportunity with Exceptional Development Potential! Welcome to 1344 254th St, a bright, move-in-ready 3-bedroom, 2-bathroom home offering comfortable living, generous outdoor space, parking, and long-term upside. Situated on an approximately 7,548-square-foot lot, this property offers an exciting opportunity for a first-time buyer, growing household, investor, or developer. The approximately 1,197-square-foot home features a practical 3-bedroom, 2-bathroom layout, bright interior, spacious front yard, and large backyard ideal for entertaining, gardening, recreation, or future improvements. For investors and developers, the lot and existing improvements offer possibilities to explore, including an ADU and additional residential development potential, subject to verification of zoning, building codes, setbacks, parking, and required approvals. The detached two-car garage adds flexibility and may offer future conversion or redevelopment potential, subject to permitting and applicable regulations. Harbor City offers convenient access to San Pedro, Torrance, Palos Verdes, major freeways, the South Bay, and coastal communities. The property is also near the growing LA Waterfront and San Pedro's West Harbor waterfront redevelopment at the former Ports O' Call site, bringing dining, entertainment, recreation, events, and approximately one mile of direct waterfront access. Whether you're seeking a move-in-ready home or a property with future upside, 1344 254th St offers a rare combination of livability, lot size, parking, and potential in a desirable Harbor Area location. Property highlights: • 3 bedrooms • 2 bathrooms • Approx. 1,197 sq. ft. living space • Approx. 7,548 sq. ft. lot • Bright, move-in-ready interior • Large backyard and front yard • Detached 2-car garage • Abundant parking • ADU/development potential, subject to approvals • Convenient to San Pedro, Palos Verdes, Torrance, and the South Bay • Near LA Waterfront and West Harbor • Great opportunity for homeowners, investors, and developers Information deemed reliable but not guaranteed. Buyer and buyer's agent to independently verify all information, including square footage, lot size, zoning, permits, property features, development potential, and all other property details. One bedroom is an unpermitted garage conversion. Buyer to independently verify permits, square footage and all property information with the appropriate authorities.

1344 254th, Harbor City

1535 W 224th Street, Torrance
$799,888
4 Beds ⋅ 2 Baths ⋅ PW26112707 MLS ⋅ Active Status
PACKAGE SALE — Both properties must close concurrently. 1541 W 224th St, (MLS# PW26112719) must be purchased together with 1535 W 224th St (MLS# PW26112707). Do not disturb tenants. 5-unit, two-parcel value-add opportunity in Harbor Gateway. Two adjacent lots totaling 14,402 sq ft zoned LARD2, each on its own APN. 1541 W 224th St is a 3-unit triplex (6 BR / 3 BA, 2,558 sq ft); 1535 W 224th St is a 2-unit duplex (4 BR / 2 BA, 1,596 sq ft). Both built 1961, well-maintained. RESIDENTIAL FINANCING: Each parcel is priced independently under $1,000,000 and qualifies for conventional residential financing on its own APN — no commercial loan required. Lower down payment, better rates, and access to a significantly larger lender pool. ADU POTENTIAL: Combined 14,402 sq ft LARD2 zoning supports multiple additional dwelling units under CA state law. Harbor Gateway ADU rents currently range from $2,300 to $2,600/mo, with each additional unit delivering meaningful income and asset value growth. RENT UPSIDE: Current blended rent averages $1,740/mo per unit against market rents of approximately $2,300/mo. Rents governed by LA City RSO — currently 3% annually for 2026 — providing steady, compounding income growth as units turn. At stabilized market rents: pro forma gross income approximately $141,600/yr and pro forma NOI exceeding $99,500/yr, no ADUs required. MULTIPLE EXIT STRATEGIES: Hold as a stabilized combined portfolio. Develop ADUs to maximize NOI and asset value. Sell parcels individually once stabilized — each independently financeable. Phased development across two lots. PROPERTY CONDITION: Several units have received interior upgrades, including bathroom remodels, kitchen improvements (new cabinetry and quartz countertops), subfloor plumbing, and new flooring throughout. Four of five tenants have occupied 10+ years — stable cash flow from day one. Direct 110 Fwy access. Minutes to the Port of LA, South Bay employment corridor, and Downtown Los Angeles. Short distance from Harbor-UCLA Medical Center — site of LA County's largest-ever healthcare capital project, a $1.7 billion replacement and expansion currently under construction.

1535 W 224th Street, Torrance

1535 W 224th Street, Torrance
$799,888
PW26108833 MLS ⋅ Active Status
PACKAGE SALE — Both properties must close concurrently. 1541 W 224th St, (MLS# PW26112441) must be purchased together with 1535 W 224th St (MLS# PW26108833). Do not disturb tenants. 5-unit, two-parcel value-add opportunity in Harbor Gateway. Two adjacent lots totaling 14,402 sq ft zoned LARD2, each on its own APN. 1541 W 224th St is a 3-unit triplex (6 BR / 3 BA, 2,558 sq ft); 1535 W 224th St is a 2-unit duplex (4 BR / 2 BA, 1,596 sq ft). Both built 1961, well-maintained. RESIDENTIAL FINANCING: Each parcel is priced independently under $1,000,000 and qualifies for conventional residential financing on its own APN — no commercial loan required. Lower down payment, better rates, and access to a significantly larger lender pool. ADU POTENTIAL: Combined 14,402 sq ft LARD2 zoning supports multiple additional dwelling units under CA state law. Harbor Gateway ADU rents currently range $2,300–$2,600/mo, with each additional unit delivering meaningful income and asset value growth. RENT UPSIDE: Current blended rent averages $1,740/mo per unit against market rents of approximately $2,300/mo. Rents governed by LA City RSO — currently 3% annually for 2026 — providing steady, compounding income growth as units turn. At stabilized market rents: pro forma gross income approximately $141,600/yr and pro forma NOI exceeding $99,500/yr, no ADUs required. MULTIPLE EXIT STRATEGIES: Hold as a stabilized combined portfolio. Develop ADUs to maximize NOI and asset value. Sell parcels individually once stabilized — each independently financeable. Phased development across two lots. PROPERTY CONDITION: Several units have received interior upgrades including bathroom remodels, kitchen improvements (new cabinetry and quartz countertops), subfloor plumbing, and new flooring throughout. Four of five tenants have occupied 10+ years — stable cash flow from day one. LOCATION: Direct 110 Fwy access. Minutes to the Port of LA, South Bay employment corridor, and Downtown Los Angeles. Short distance from Harbor-UCLA Medical Center — site of LA County's largest-ever healthcare capital project, a $1.7 billion replacement and expansion currently under construction.

1535 W 224th Street, Torrance

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.