1340 253rd Street, Harbor City, California 90710
  • $1,550,000
  • $3,100,000

Overview

Property ID: 26664277
  • Residential Income
  • Property Type
  • 16
  • Bedrooms
  • 8
  • Bathrooms
  • 5192 Sqft
  • Area Size
  • 1957
  • Year Built

Description

We are proud to present 1340 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1, 550, 000. Built in 1957, the unit mix includes eight residential units with a mix of two-bedroom and three-bedroom floor plans. The property has undergone several improvements including tile flooring throughout, upgraded kitchen cabinetry and countertops, enhanced wall heaters and ceiling fans, new stucco and exterior paint, newer water heaters, copper plumbing, and dual-pane windows. The complex shares a secured courtyard and parking with the adjacent 8-unit building at 1344 W 253rd Street (MLS# 26843231), and both properties must be sold concurrently at a combined asking price of $3, 100, 000 $193, 750/unit. With approximately 57% rental upside, this portfolio offers investors long-term growth and reliable cash flow at an 11.59% market cap rate and 6.46 market GRM. Reach out to Listing Agent for the full combined marketing package.

  • Address: 1340 253rd Street
  • State/county: CA
  • Zip/Postal Code: 90710
  • Country: US

Details

Updated on July 21, 2026 at 4:18 pm
  • Property ID 26664277
  • Price $1,550,000
  • Property Size 5192 Sqft
  • Land Area 0.1602 Acres
  • Bedrooms 16
  • Bathrooms 8
  • Year Built 1957
  • Property Type Residential Income
  • Property Status Active

Additional details

  • County Los Angeles
  • Property Type Residential Income
  • Parking Assigned
  • Community Features Gated

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