Stacey Alysson Melman

1340 253rd ST Harbor City CA 90710 MLS #26664277

1340 253rd ST
Harbor City, CA, 90710
$3,150,000
33 Beds
16 Baths
10,291 SqFt
0.32 Acres
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MLS #26664277 image #0
We are proud to present 1340 & 1344 253rd Street in Harbor City, California. This opportunity consists of two adjacent two-story apartment buildings (APNS: 7410-027-046 & 7410-027-047), each with eight residential units, for a total of 16 units. Built in 1957 and 1958, the unit mix includes (15) two-bedroom units and (1) three-bedroom unit. The properties have undergone several improvements over the years, including tile flooring throughout (no carpet), 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 has two security gates, accessible from the front and back parking lot. With approximately 60% rental upside, the portfolio is ideal for investors seeking long-term growth and reliable cash flow. 11.65% Market Cap & 6.46 Market GRM. Reach out to Listing Agent for full marketing package or visit property website.
AGENT: Nabil Awada
LISTING BROKERAGE: Matthews Real Estate Investment Services
1340 253rd ST
Harbor City, CA

Property Details

Price:
$3,150,000
MLS #:
26664277
Status:
Active
Beds:
33
Baths:
16
Type:
Single Family
Neighborhood:
124harborcity
Listed Date:
Mar 13, 2026
Finished Sq Ft:
10,291
Total Sq Ft:
10,291
Lot Size:
13,923 sqft / 0.32 acres (approx)
Year Built:
1957
Community Gated124 – Harbor City124harborcity
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Schools

Interior

Levels
U

Exterior

Parking Spots
12
Parking Total
12
Security Features
CRD, GC, MGR

Financial

Gross Operating Income
$301,490
Net Operating Income
$190,408

Map

Community

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