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Millman Team Real Estate

$1,550,000
17 Bed
8 Bath
5,099 Sqft
0.16 Acre Lot

1344 253rd Street, Harbor City, California 90710

  • Residential Income Property Type
  • 5,099 Sqft Square Footage
  • Assigned Cars Garage
  • 1958 Year Built
Property Description

We are proud to present 1344 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1, 550, 000. Built in 1958, 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 1340 W 253rd Street (MLS# 26664277), 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 is an ideal entry point for investors seeking a courtyard portfolio with long-term growth and reliable cash flow at a 6.16% current cap rate and 11.59% market cap rate. Reach out to Listing Agent for the full combined marketing package.

Basic Details
Residential Income
For Sale
26843231
$1,550,000
17
8
5,099 Sqft
1958
0.16 Acre
Active
Features
: Assigned
$0
Address Map
CA
Los Angeles
Harbor City
90710
253rd
1344
Street
W119° 41' 58''
N33° 47' 40''
South of Lomita Blvd. North of Pacific Coast Hwy.
124 - Harbor City
LARD2
Additional Information
$0
$0
$0
$0
$0
5099
: Gated
: Multi/Split
8
2026-06-05
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
2026-06-05T00:00:00Z
Agent info
Ray Millman
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