1618 254th Street,  Harbor City CA, 90710 (Residential Income)

4,088 sqft
Status: Sold
MLS#: PW15097497
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Last Updated: 12/8/2016 3:09 AM
Description for 1618 254th Street Harbor City, CA 90710
WOW!!!!!PRICED REDUCED!!! SELLER IS VERY MOTIVATED.....LOCATION!!!!!LOCATION!!!!!LOCATION!!!!!!Attention!!!!! Investor and Developer, this is what you want. Very rare opportunity to own 4 houses in one lot. This income property in 100% occupied, each unit have it's own assigned garage, very close from PCH and Vermont,well maintained properties with all copper plumbing. Front house offer 3 bedrooms and 2 bath, completely renovated with new kitchen cabinet, tile flooring, washer hook up and new carpet, the rest of 3 units offer 2 bedrooms and 1 bath each. It is rent control and can increase maximum 3% every year. You can potentially build and customize your own 2 townhouses (R2 Lot), Senior living care facility or keep the way it is and collect more than 5K every month instead of keeping your cash in the bank. Buyer to check city regarding rent control and building potential. Seller is motivated the only thing missing is you and your endless imagination for your future plan.
Price
Sold Price:
$849,000
Sold Date:08/05/2015
Los Angeles
4,088 (approx)
PW15097497
Closed
Description
WOW!!!!!PRICED REDUCED!!! SELLER IS VERY MOTIVATED.....LOCATION!!!!!LOCATION!!!!!LOCATION!!!!!!Attention!!!!! Investor and Developer, this is what you want. Very rare opportunity to own 4 houses in one lot. This income property in 100% occupied, each unit have it's own assigned garage, very close from PCH and Vermont,well maintained properties with all copper plumbing. Front house offer 3 bedrooms and 2 bath, completely renovated with new kitchen cabinet, tile flooring, washer hook up and new carpet, the rest of 3 units offer 2 bedrooms and 1 bath each. It is rent control and can increase maximum 3% every year. You can potentially build and customize your own 2 townhouses (R2 Lot), Senior living care facility or keep the way it is and collect more than 5K every month instead of keeping your cash in the bank. Buyer to check city regarding rent control and building potential. Seller is motivated the only thing missing is you and your endless imagination for your future plan.
Listing Information
Property Type: Cluster, 1 Story
0.28 Acres 12,077 sq.ft. 4,088 (approx)
$207 1950
Yes- 4 spaces 1
Slab Foundation
Common Hot Water Heater, Public Water Service
Sewer at Street
4 Total
Neighborhood
Room Information
Interior Features
Gas Heat
Kitchen
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Driveway, Garage
Composition
None
No Pool
Sidewalks, Street Lights
Financial Considerations
7410022006
$10,157
$61,848 Income ,$14,357Expense
Listing Price History

Harbor City Real Estate

Harbor City is located in California. Harbor City, California 90710 has a population of 27,486.

The median household income in Harbor City, California 90710 is $55,148. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Harbor City 90710 is 36.9 years.

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Courtesy: Berkshire Hathaway H.S.C.P. Sherwin Lim
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