We are proud to present 1344 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1,550,000. Built in 1958, 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 1340 W 253rd Street (MLS# 26664277), 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 is an ideal entry point for investors seeking a courtyard portfolio with long-term growth and reliable cash flow at a 6.16% current cap rate and 11.59% market cap rate. Reach out to Listing Agent for the full combined marketing package.
Property Type(s):
Residential Income
|
Last Updated
|
6/5/2026
|
Year Built
|
1958
|
|
Community
|
124 - Harbor City
|
County
|
Los Angeles
|
Additional Details
| AREA |
124 - Harbor City |
| LOT |
6957 sq ft |
| LOT DIMENSIONS |
6957 |
| PARKING |
Assigned |
| STORIES |
Split/Multi Level |
Location
Listed with Matthews Real Estate Investment Services
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email