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25423 Frampton Ave
Harbor City, CA 90710
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 5,669 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1983 |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| Zoning | RD | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,669 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | RD |
AMENITIES
UNIT AMENITIES
- Storage Space
ABOUT 25423 FRAMPTON AVE , HARBOR CITY, CA 90710
Austin Longwell & Johnnie Stiegler are proud to present 25423 Frampton Ave in Harbor City, California. This NON-RENT CONTROL asset is a 5,669 SF eight-unit apartment complex situated on a 7,501 SF lot. Conveniently located less than a mile from PCH, the 110 Freeway, Kaiser Permanente, and less than two miles from major retailers such as Costco, Whole Foods, Rite, Aide, and many others. The unit mix is comprised of two 2-bedrooms/1-bathrooms units, five 1-bedroom/1-bath units, and one studio. The property has gated parking with remote controlled entry allowing tenants access to three carport spaces and 5 parking spaces. Onsite amenities include a laundry room, landscaped common areas, storage cabinets, and harbor views. The structure was built in 1983, and has a hip shaped composition shingle roof. The annualized gross scheduled income is more than $111,000 and offers potential buyers nearly 20% in rental upside! At $286 PSF this investment opportunity will not last long!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $1,438 | - |
| 1+1 | 5 | $1,138 | - |
| Studios | 1 | $925.00 | - |
PROPERTY TAXES
| Parcel Number | 7410-027-078 | Improvements Assessment | $398,280 |
| Land Assessment | $376,557 | Total Assessment | $774,837 |
PROPERTY TAXES
