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Harbor City, CA 90710 1418 257th Street

$2,395,000

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Presented By: Monica Masuda with Monica Masuda, Realtor; 310-739-6599
  • MLS# PV24047384
  • 03/08/2024
  • Request Tour
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  • BedBeds • 10
  • BathFull/Half Baths • 1 / 1
  • FootageSQFT • 6,804
  • GarageGarage • 10

Home Details

Beautiful 5 unit townhome built in 1991 and not subject to Los Angeles City Rent Control (buyer to verify). Each unit is 2 bedroom and 1.5 bath and over 1,360sf. Each unit is townhouse style with 2 car private garage on bottom level with direct access to the house. Each unit comes with washer / dryer hookups in the garage. First floor has large living room, eat in kitchen, and half bath. Second floor has two large bedrooms with ample windows and closet and full bathroom. One unit recently renovated with everything new and rented at $2895. Proforma cap 5.67. Current cap 4.34. Owner may carry with 30% down. End units #1 and #5 have balconies. New roof installed in 2022. quiet residential street. Easy access to Freeway. Very low expenses with tenants paying for own gas, electric, trash. Landlord pays only water.
Presented By: Monica Masuda with Monica Masuda, Realtor; 310-739-6599

Interior Features for 1418 257th Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls, NoOneAbove, NoOneBelow
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Vinyl
Heating Y/NNo
Laundry FeaturesWasherHookup, GasDryerHookup, InGarage
Street SuffixStreet
Total Stories2
Window FeaturesBlinds

Other Rooms

Entry Level1

General for 1418 257th Street

Additional Parcels Y/NNo
AppliancesDishwasher, ElectricWaterHeater, FreeStandingRange, GasRange, GasWaterHeater, RangeHood
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces2.0
Carport Y/NYes
CityHarbor City
Community FeaturesStreetLights, Sidewalks
Construction MaterialsCopperPlumbing
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingConventional
Days on Market1
DirectionsOff PCH between Senator Ave and Belle Porte Ave
Electric Expense0.0
Entry Locationfront
Fuel Expense0.0
Garage Spaces10.0
Garage Y/NYes
Gross Income142140.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2742.0
Interior FeaturesBalcony, CeilingFans, QuartzCounters, AllBedroomsUp
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Listing TermsOwnerMayCarry
Lot Size Square Feet7511.0
MLS Area124 - Harbor City
MaintenanceExpense1000.0
MobileHomeRemainsYNNo
Net Operating Income104058.0
New ConstructionNo
Number of Units Leased5
Operating Expense38082.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalTownhouse
Property SubTypeTownhouse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street Name257th
Tax Lot2
Taxes$30,000
Tenant PaysCableTV, Electricity, Gas, TrashCollection, Telephone, Water
Total Actual Rent142140.0
Total Units5
Trash Expense0.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense3500.0
Waterfront Y/NNo
Year Built1991
Year Built SourceAssessor
ZoningLAR3

Exterior for 1418 257th Street

Building Area Total6804.0
Crops Included Y/NNo
Door FeaturesMirroredClosetDoors
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, NearPublicTransit, RectangularLot
Lot Size Acres0.1724
Lot Size Area7511.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters0
Open Parking Y/NNo
Pool Charge0.0
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,395,000
MLS#PV24047384
List Date 03/08/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors