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26103 Belle Porte Ave 6 Unit Apartment Building $1,075,000 ($179,167/Unit) 5.71% Cap Rate Harbor City, CA 90710
Executive Summary
Situated on a prominent corner lot of approximately 7,441 square feet, this well-maintained multifamily property features six residential units encompassing approximately 4,812 square feet of living area. Originally constructed in 1964, the asset
offers an attractive unit mix, gated access, dedicated garage parking, and numerous capital improvements completed over time, including updates to building systems and common area improvements. This is also a very strong value-add opportunity with an estimated market cap rate of 8%+. Conveniently located south of Pacific Coast Highway, the property provides residents with easy access to major employment centers throughout the South Bay, the Port of Los Angeles, and nearby coastal communities.
For more information and access to the OM, please visit www.26103belle.com or contact the listing brokers directly.
offers an attractive unit mix, gated access, dedicated garage parking, and numerous capital improvements completed over time, including updates to building systems and common area improvements. This is also a very strong value-add opportunity with an estimated market cap rate of 8%+. Conveniently located south of Pacific Coast Highway, the property provides residents with easy access to major employment centers throughout the South Bay, the Port of Los Angeles, and nearby coastal communities.
For more information and access to the OM, please visit www.26103belle.com or contact the listing brokers directly.
Property Facts
| Price | $1,075,000 | Apartment Style | Low-Rise |
| Price Per Unit | $179,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 5.71% | Building Size | 4,812 SF |
| Gross Rent Multiplier | 8.96 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1964 |
| Property Type | Multifamily | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R3, Los Angeles | ||
| Price | $1,075,000 |
| Price Per Unit | $179,167 |
| Sale Type | Investment |
| Cap Rate | 5.71% |
| Gross Rent Multiplier | 8.96 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,812 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 4 | - | 990 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 7411-006-024 | Improvements Assessment | $588,409 |
| Land Assessment | $527,115 | Total Assessment | $1,115,524 |
Property Taxes
Parcel Number
7411-006-024
Land Assessment
$527,115
Improvements Assessment
$588,409
Total Assessment
$1,115,524
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