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1648 W 254th St. Harbor City, CA 90710

$1,049,000

Description

Lyon | Stahl is excited to present 1648 W 254th St, a 4-unit property located in the heart of Harbor City. This property has a unit mix consisting of (1) 3-bed/2-bath unit and (3) 2-bed/1-bath units, all situated on a large 12,077 sq. ft. lot. The front unit is surrounded by a well-maintained lawn and shrubbery, and all of the units have their own laundry hookups. In the rear, there are (2) 1-car garages and (1) 2-car garage, with plenty of additional parking on the quiet residential street. This property is subject to rent control, but three of the four units will be delivered vacant upon closing. With a market CAP of 4.7% and a GRM of 14, this is an incredible investment opportunity for anyone looking to maximize cash flow and acquire assets in the beautiful South Bay!

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Address

  • Address: 1648 W 254th St.
  • City: Harbor City
  • State/county: CA
  • Zip/Postal Code: 90710
  • Country: United States

Detail

Updated on October 11, 2018 at 10:10 pm

  • Property ID: SB18010273
  • Price: $1,049,000
  • Property Size: 4,388 Sq ft
  • Land Area: 12,077 Sq ft
  • Year Built: 1954
  • Property Type: Multifamily
  • Property Status: Pending Sale, Active
  • Numbers of Units: 4
  • GRM: 25.40
  • CAP RATE: 2.01%
  • Price per Unit: $262,250
  • Market GRM: 14.10
  • Market CAP RATE: 4.95%

Contact info

Woody Stahl
Woody Stahl
(310) 880-0926(310) 880-0926
Linkedin
Brett Lyon
Brett Lyon
(310) 880-5328(310) 880-5328
Linkedin

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