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
Courtesy of Matthews Real Estate Investment Services. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 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
- Address1340 253rd ST Harbor City CA
- CityHarbor City
- CountyLos Angeles
- Zip Code90710
