Harbor City Homes with Multi Family Subtype

Harbor City Homes with Multi Family Subtype

**Discover Harbor City: A Hidden Gem in Los Angeles County**

Nestled in the heart of Los Angeles County, Harbor City is a vibrant community that beautifully blends suburban charm with urban convenience. Known for its stunning views of the nearby harbor and its rich cultural diversity, this city offers an inviting atmosphere for families, young professionals, and retirees alike. With easy access to major freeways, residents enjoy a seamless commute to downtown Los Angeles, the bustling Port of Los Angeles, and the scenic beaches of the Pacific Coast.

Harbor City is not just a place to live; it’s a community filled with parks, local shops, and dining options that cater to every palate. The area is home to several recreational facilities, making it ideal for outdoor enthusiasts who appreciate hiking, biking, and family-friendly activities. With a variety of events throughout the year, from farmers' markets to community fairs, Harbor City fosters a strong sense of belonging among its residents.

For those interested in investment opportunities, Harbor City boasts a range of multi-family homes that cater to diverse lifestyles and budgets. These properties are perfect for investors seeking to capitalize on the area's growing popularity or for families looking for spacious living arrangements. The multi-family homes in Harbor City not only provide ample space but also offer the potential for rental income, making them a smart choice for savvy buyers.

In Harbor City, you’ll find a unique blend of community spirit, accessibility, and investment potential. Come explore this hidden gem and discover why so many are choosing to call Harbor City home!

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

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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.