25032 Frampton Avenue, Harbor City, CA 90710
-
Listed Price :
$1,500,000
-
Beds :
11
-
Baths :
10
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Property Size :
7,440 sqft
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Year Built :
1977
Property Description
25032 Frampton Avenue in Harbor City, CA, is a 10-unit apartment building offering significant value-add potential. Constructed in 1977, the property consists of nine 1-bedroom units and one 2-bedroom unit, totaling 7,440 square feet of gross building area on a 10,004-square-foot lot. Included in the offering is the adjacent "alley parcel," an additional 4,670 square feet utilized for tenant parking, bringing the total land area to 14,674 square feet. With current rents over 40% below market, this property offers an opportunity to achieve north of a 10% CAP rate upon unit turnover, making it an exceptional investment for those seeking value growth.
Interior Features
| Laundry Information |
| Location(s) |
See Remarks |
| Bedroom Information |
| Bedrooms |
11 |
| Bathroom Information |
| Bathrooms |
10 |
| Flooring Information |
| Material |
Tile |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
25032 Frampton Avenue |
| City |
Harbor City |
| State |
CA |
| Zip |
90710 |
| County |
Los Angeles |
| Listing Agent |
Mark Cianciulli DRE #01990266 |
| Courtesy Of |
The CREM Group |
| List Price |
$1,500,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
7,440 |
| Lot Size |
10,004 |
| Year Built |
1977 |
Listing information courtesy of: Mark Cianciulli, The CREM Group. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 17th, 2025 at 10:11 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
