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1604 261st Street
124 - Harbor City Harbor City 90710

$2,500,000
Residential Income built: 1948

Main Photo: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 1: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 2: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 3: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 4: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 5: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 6: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 7: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 8: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 9: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 10: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 11: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 12: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 13: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 14: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 15: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 16: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 17: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Photo 18: 1604 261st Street in Harbor City: Residential Income for sale (124 - Harbor City)  : MLS®# SB25016994
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
SB25016994
Year Built:
1948
Introducing two contiguous parcels comprising a unique 14,493-square-foot triangular lot with unmatched potential, situated on high-traffic Anaheim Street with frontage on all three sides. This exceptional property is strategically positioned for maximum visibility, making it perfect for commercial development or mixed-use projects. Passed down through generations, it is now being offered on the market for the very first time, presenting a truly unique opportunity. Currently, the lot features a duplex with two one-bedroom units and a two-car garage, offering immediate rental income while you plan your next move. Utilities are already on site to streamline the development process, adding convenience for future projects. Zoned LAC1.5, this property provides the flexibility for a variety of commercial and residential uses, aligning perfectly with the dynamic needs of the area. Situated in a bustling corridor surrounded by thriving businesses and vibrant residential communities, this location benefits from consistent vehicle traffic. Proximity to retail, dining, and public transit further enhances its appeal, making it an attractive destination for future tenants or customers. With its high traffic count and strategic location, this lot is a rare find, offering both significant development possibilities and unparalleled accessibility. Don’t miss this opportunity to transform a prime piece of real estate into a thriving enterprise.
Property Sub Type:
Duplex
Property Attached:
Yes
Lot Area:
14,493 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1948 (Age: 77)
General Listing Location:
Harbor City, 124 - Harbor City
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas, Trash Collection
Common Interest:
None
Gross Income:
$29,400
Gross Scheduled Income:
$29,400
Net Operating Income:
$4,230
Rent Control:
Yes
Total Actual Rent:
$2,450
Association Fee:
$0
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Insurance Expense:
$802
Taxes expense:
31250.0
Operating Expense:
$33,630
Other Expense:
$213
Trash Expense:
$0
Water and Sewer Expense:
$1,365
Tax Lot:
1
Tax Block:
132
From S Western Avenue, go east on W Anaheim Street. The property is on the left hand side.
Floor
Type
Size
Other
-
Kitchen
0 × 0
-
-
Living Room
0 × 0
-
-
Bedroom
0 × 0
All Bedrooms Down
View:
None
Appliances:
Gas Cooktop, Gas Oven, Gas Range, Refrigerator
Accessibility Features:
No Stairs, Parking
Number of Buildings:
1
# of Electric Meters:
2
# of Gas Meters:
2
# of Water Meters:
1
# Units Leased:
2
Community Features:
Curbs, Fishing, Golf, Hiking, Street Lights, Sidewalks, Urban, Water Sports, Park
Senior Community:
No
Interior Features:
Unfurnished, All Bedrooms Down
Laundry Features:
Inside
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Back Yard, Corner Lot, Front Yard, Lawn, Near Park, Near Public Transit, Street Level
Levels:
One
Num Stories:
1
Entry Level:
1
Entry Location:
1
New Constr.:
No
Flooring:
Tile, Wood
Common Walls:
1 Common Wall
# Units:
2
Cooling:
None
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities
Electricity:
Electricity - On Property, Standard
Fencing:
Chain Link
Water supply:
Public
Sewer:
Public Sewer
Spa:
No
Road Frontage Type:
City Street
Road Surface Type:
Paved
Garage Spaces:
2
Total Parking Spaces:
2
Parking Features:
Door-Multi, Driveway, Garage
Special Listing Conditions:
Standard, Trust
Parcel Number:
7411008023
Additional Parcels:
7411-008-024
Zoning:
LAC1.5
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Listed by Keller Williams Realty
Data was last updated February 14, 2025 at 04:40 PM (UTC)