Stacey Alysson Melman

1340 253rd ST Harbor City CA 90710 MLS #26664277

1340 253rd ST
Harbor City, CA, 90710
$1,550,000
16 Beds
8 Baths
5,192 SqFt
0.16 Acres
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MLS #26664277 image #0
We are proud to present 1340 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1,550,000. Built in 1957, the unit mix includes eight residential units with a mix of two-bedroom and three-bedroom floor plans. The property has undergone several improvements including tile flooring throughout, 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 shares a secured courtyard and parking with the adjacent 8-unit building at 1344 W 253rd Street (MLS# 26843231), and both properties must be sold concurrently at a combined asking price of $3,100,000 $193,750/unit. With approximately 57% rental upside, this portfolio offers investors long-term growth and reliable cash flow at an 11.59% market cap rate and 6.46 market GRM. Reach out to Listing Agent for the full combined marketing package.
AGENT: Nabil Awada
LISTING BROKERAGE: Matthews Real Estate Investment Services
1340 253rd ST
Harbor City, CA

Property Details

Price:
$1,550,000
MLS #:
26664277
Status:
Active
Beds:
16
Baths:
8
Type:
Single Family
Neighborhood:
124harborcity
Listed Date:
Mar 13, 2026
Finished Sq Ft:
5,192
Total Sq Ft:
5,192
Lot Size:
6,979 sqft / 0.16 acres (approx)
Year Built:
1957
Community Gated124 – Harbor City124harborcity
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Schools

Interior

Levels
S

Exterior

Parking Spots
11
Parking Total
11
Security Features
CRD, GC, MGR

Financial

Gross Operating Income
$301,490
Net Operating Income
$191,030

Map

Community

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