Harbor City, CA 90710,1401 PACIFIC COAST HIGHWAY HWY
Harbor City, CA 90710,1401 PACIFIC COAST HIGHWAY HWY
Harbor City, CA 90710,1401 PACIFIC COAST HIGHWAY HWY
6
$1,699,000
$1,699,000
Est.Price: ?

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7,368 SqFt

1401 PACIFIC COAST HIGHWAY HWY Harbor City, CA 90710

Est. payment /mo
SOLD DATE : 01/09/2020

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Key Details

Sold Price $1,699,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,368 sqft

Price per Sqft $230

MLS Listing ID 19-521018

Year Built 1963

Lot Size 8,092 Sqft

Property Sub-Type Multi-Family

Property Description

A highly-accessible and highly-visible location between Torrance and the 110 Freeway. A VALUE-ADD opportunity for a savvy investor with the added appeal of potential seller-financing. The property is made up of 7 apartment units and 3 retail/storefronts. The 3 retail/storefronts (Units 1,2, & 4) will be delivered vacant - the buyer can cherry pick the tenants a/o reconfigure the spaces, and name a desired rent for those spaces. In addition, 2 of the apartment units will be delivered vacant, as well. The Buyer will enjoy an immediate market rent in 5 of the 10 units soon after closing. The Seller recently put a new "cool" roof on ($27K), just repainted the exterior and is completing the 2nd floor decking now. Potential 9% cap upside!?!

Location

State CA

County Los Angeles

Area Harbor City

Zoning LAC2

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall

Cooling None

Equipment Range/Oven

Exterior

Parking Features Covered Parking

Garage Spaces 7.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with Marcus & Millichap

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Chris Mardelli

Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

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