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Listed by Mike Marcu • Mike Marcu, Broker
$ 1,320,000
Est. payment /mo
Active Under Contract
1652 Lomita Boulevard Harbor City, CA 90710
4,684 SqFt
UPDATED:
01/05/2025 02:07 AM
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,684 sqft
Price per Sqft $281
MLS Listing ID OC-24231665
Year Built 1964
Lot Size 5,941 Sqft
Property Description
Starlight is a six-unit apartment community built in 1964. It offers an appealing mix of apartments: two studio units, three two-bedroom one-bath units, and one three-bedroom two-bath unit. Parking is secured at the rear of the property. The community has a full occupancy rate of 100% and enjoys reliable rent collections in a stable rental market. The Marker Cap Rate is in the 9% range. Residents benefit from quick access to major freeways, as well as proximity to schools, shopping centers, and restaurants. Additionally, the beautiful beaches of Torrance are only a 15-minute drive away.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Radiant
Laundry Common Area
Exterior
Parking Features Gated
Garage Spaces 1.0
Pool None
Community Features Curbs, Sidewalks, Storm Drains, Urban
Building
Lot Description 36-40 Units/Acre
Sewer Sewer Assessments