Listing provided courtesy of Jim Porter of Porter Heritage. Last updated 2025-08-08 08:11:42.000000. Listing information © 2025 Sandicor.
Asking Price: $2,300,000 |
25633 President, Harbor City CA 90710
Community: 124 - Harbor City
This Commercial/Residential property was built in 1965 and is priced at $2,300,000. Please see the additional details below.
First time on the market in 25 years! This well-maintained 9-unit multifamily property presents a rare opportunity for investors seeking strong rental income in a high-demand area. The property includes six spacious 3-bedroom, 2-bath townhouse-style units, each with private patios, two 2-bedroom, 1-bath units, and one single.
Recent updates include a brand-new roof (2024), freshly painted exterior, and attractive new landscaping. The building offers off-street parking with a combination of carport spaces, a 2-car garage, and driveway access.
Conveniently located near schools, shopping centers, and major freeways, this property offers long-term upside potential and stable tenancy. Don’t miss this rare chance to own a quality apartment building in the heart of Harbor City.
Current CAP rate of 5.02% with a potential 8.80% CAP rate at market rents. Current GRM is 11.27 and Market GRM of 7.90.
This property is subject to the City of Los Angeles RSO.