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Millman Team Real Estate

$1,550,000
16 Bed
8 Bath
5,192 Sqft
0.16 Acre Lot

1340 253rd Street, Harbor City, California 90710

  • Residential Income Property Type
  • 5,192 Sqft Square Footage
  • Assigned Cars Garage
  • 1957 Year Built
Property Description

We are proud to present 1340 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1, 550, 000. Built in 1957, the unit mix includes eight residential units with a mix of two-bedroom and three-bedroom floor plans. The property has undergone several improvements including tile flooring throughout, upgraded kitchen cabinetry and countertops, enhanced wall heaters and ceiling fans, new stucco and exterior paint, newer water heaters, copper plumbing, and dual-pane windows. The complex shares a secured courtyard and parking with the adjacent 8-unit building at 1344 W 253rd Street (MLS# 26843231), and both properties must be sold concurrently at a combined asking price of $3, 100, 000 $193, 750/unit. With approximately 57% rental upside, this portfolio offers investors long-term growth and reliable cash flow at an 11.59% market cap rate and 6.46 market GRM. Reach out to Listing Agent for the full combined marketing package.

Basic Details
Residential Income
For Sale
26664277
$1,550,000
16
8
5,192 Sqft
1957
0.16 Acre
Active
Features
: Assigned
$0
Address Map
CA
Los Angeles
Harbor City
90710
253rd
1340
Street
W119° 41' 58.6''
N33° 47' 40''
South of Lomita Blvd. North of Pacific Coast Hwy.
124 - Harbor City
LARD2
Additional Information
$0
$0
$0
$0
$0
5192
: Gated
: Multi/Split
50x140
8
2026-03-13
3100000
2
Broker/Agent Information
Matthews Real Estate Investment Services
Nabil Awada
Listing Information
CLW-C135634
CLW-X81530
Active
2026-07-21T16:18:09Z
CRMLS
: Standard
2026-03-13T00:00:00Z
Agent info
Ray Millman
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