26200 President Ave | Harbor City, CA 90710
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26200 President Ave
Harbor City, CA 90710
Casa Te-Amo Apartments - 8 Unit Property · Multifamily Property For Sale
·
8 Units
Investment Highlights
- State Rent Control Ordinance allows rent increases of 5%+ CPI, as this building is not subject to City of Los Angeles Rent Control
- Well located in a strong rental submarket south of PCH in the Harbor Pines area which has primarily SFRs
- New roof in 2017, new paint in 2019, upgraded security cameras & DVR in 2020
- Extremely well-maintained property with nice curb appeal and fully occupied with historical collections of 100% including 2020-2021
- Spacious apartment with washer/dryer included in each unit, controlled access to building and parking garage, individually meters for gas and electric
- Significant upside in rents of 33% overall using conservative current market rate rents upon turnover
Property Facts
| No. Units | 8 | Building Size | 7,680 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1991 |
| Building Class | C | Parking Ratio | 2.08/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | C1.5 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 7,680 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1991 |
| Parking Ratio | 2.08/1,000 SF |
| Zoning | C1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $1,496 | - |
Property Taxes
| Parcel Number | 7411-018-044 | Improvements Assessment | $1,125,729 |
| Land Assessment | $1,060,782 | Total Assessment | $2,186,511 |
Property Taxes
Parcel Number
7411-018-044
Land Assessment
$1,060,782
Improvements Assessment
$1,125,729
Total Assessment
$2,186,511
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