25424 Western AVE

Harbor City,CA 90710

$ 1595000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW25077479

Year Built 1960

Lot Size 8,289 Sqft

Property Sub-Type Mixed Use

Property Description

25424 Western Avenue is an eight-unit apartment building in Harbor City, California. This well-maintained investment property is a 1960 construction with a mix of six one-bedroom/one-bath units, one two-bed/one-bath, and one two-bed/two-bath. The building also offers shared laundry facilities, controlled access, a large courtyard/patio, and ample carport and tuck-under parking.

25424 Western Avenue is well-positioned in Harbor City proximate to the 110 Freeway, Kaiser Permanente's South Bay Medical Center (a major area employer), one block to Harbor City Elementary, and within a five-minute drive of the popular Rolling Hills Plaza shopping center and Rolling Hills Country Club. The average household income within one mile is over $100,000; this area is a strong rental market with consistently low vacancy rates and a solid tenant base.

With 32 percent potential upside in rents, 25424 Western Avenue is an excellent investment opportunity for any investor looking to acquire in the desirable South Bay rental market.

Location

State CA

County Los Angeles

Area 124 - Harbor City

Zoning LAR2

Interior

Laundry Common Area

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Suburban

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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