Harbor City, CA 90710,1669 261st ST
Harbor City, CA 90710,1669 261st ST
Harbor City, CA 90710,1669 261st ST
Harbor City, CA 90710,1669 261st ST
Harbor City, CA 90710,1669 261st ST
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$1,500,000

$1,600,000

6.3%
Est.Price: ?

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Est. payment /mo

6,969 Sqft Lot


SOLD DATE : 06/02/2021

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW21100424

Sold Date 06/02/21

HOA Y/N No

Year Built 1982

Lot Size 6,969 Sqft

Property Description

1669 261st Street is an eight-unit apartment building for sale in Harbor City, California. This offering presents a great opportunity for an investor to acquire an 80’s construction asset in a dense rental market with consistently low vacancy rates and capture 40 percent potential upside in rents.
1669 261st Street is a 1982 construction with eight one-bedroom/one-bath units that are separately metered for gas and electricity, a laundry room with leased machines, three garage parking spaces, and four carport parking spaces.
The property is located a few blocks south of the Pacific Coast Highway and Western Avenue intersection and the PCH corridor’s numerous retail options: Starbucks and Wingstop are at the nearby intersection. The property is less than a mile from Kaiser Permanente’s South Bay Medical Center, a major employer in the area, and Ken Malloy Harbor Regional Park. Additionally, Los Angeles Harbor College, the 110 Freeway, and Harbor Park Golf Course are all just two miles away.

Location

State CA

County Los Angeles

Area 124 - Harbor City

Zoning LAC2

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 3.0

Carport Spaces 4

Garage Description 3.0

Pool None

Community Features Urban

Total Parking Spaces 7

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7411008058

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
Bought with Steven Bogoyevac • Steven M. Bogoyevac, Broker
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+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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