25032 Frampton AVE, Harbor City, CA 90710 - MLS#25482381

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Jason Lopez

jasonlopez619@gmail.com +1(619) 248-6434

$1,500,000

Est. payment - /mo

11 Beds

10 Baths

7,440 SqFt

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UPDATED:

01/22/2025 07:10 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 7,440 sqft

Price per Sqft $201

MLS Listing ID 25482381

Bedrooms 11

Full Baths 10

HOA Y/N No

Year Built 1977

Lot Size 10,005 Sqft

Property Sub-Type Single Family Residence

Property Description

25032 Frampton Avenue in Harbor City, CA, is a 10-unit apartment building offering significant value-add potential. Constructed in 1977, the property consists of nine 1-bedroom units and one 2-bedroom unit, totaling 7,440 square feet of gross building area on a 10,004-square-foot lot. Included in the offering is the adjacent "alley parcel," an additional 4,670 square feet utilized for tenant parking, bringing the total land area to 14,674 square feet. With current rents over 40% below market, this property offers an opportunity to achieve north of a 10% CAP rate upon unit turnover, making it an exceptional investment for those seeking value growth.

Location

State CA

County Los Angeles

Area 124 - Harbor City

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling None

Flooring Tile

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Laundry See Remarks

Exterior

Parking Features Carport, One Space

Pool None

View Y/N No

View None

Roof Type Tile

Private Pool No

Building

Entry Level Two

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7413001007

Special Listing Condition Standard

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Listed by Mark Cianciulli • The CREM Group

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Jason Lopez

+1(619) 248-6434

CA Broker of Record | License ID: 01180851

CA Broker of Record License ID: 01180851

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25032 Frampton AVE Harbor City, CA 90710

Jason Lopez

Key Details

Location

Interior

Exterior

Building

Others

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