25633 President Avenue
Harbor City
90710
$2,300,000
Residential Income
built: 1965
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- SB25172705
- Year Built:
- 1965
- Photos (26)
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First time on the market in 25 years! This well-maintained 9-unit multifamily property presents a rare opportunity for investors seeking strong rental income in a high-demand area. The property includes six spacious 3-bedroom, 2-bath townhouse-style units, each with private patios, two 2-bedroom, 1-bath units, and one single.
Recent updates include a brand-new roof (2024), freshly painted exterior, and attractive new landscaping. The building offers off-street parking with a combination of carport spaces, a 2-car garage, and driveway access.
Conveniently located near schools, shopping centers, and major freeways, this property offers long-term upside potential and stable tenancy. Don’t miss this rare chance to own a quality apartment building in the heart of Harbor City.
Current CAP rate of 5.02% with a potential 8.80% CAP rate at market rents. Current GRM is 11.27 and Market GRM of 7.90.
- Home Style:
- Traditional
- Property Sub Type:
- Mixed Use
- Property Attached:
- No
- Lot Area:
- 8,941 sq. ft.
- Bathrooms:
- - (Full:-, Half:-)
- Year built:
- 1965 (Age: 60)
- General Listing Location:
- Harbor City, 124 - Harbor City
- County Or Parish:
- Los Angeles
- Tenant Pays:
- Electricity, Gas
- Common Interest:
- None
- Gross Income:
- $1,800
- Gross Scheduled Income:
- $200,600
- Net Operating Income:
- $115,520
- Cap Rate %:
- 5.0
- Rent Control:
- Yes
- Total Actual Rent:
- $17,672
- Association Fee:
- $0
- Land Lease:
- No
- Electric Expense:
- $2,100
- Fuel Expense:
- $5,200
- Gardener expense:
- 1800.0
- Insurance Expense:
- $22,335
- Operating Expense:
- $88,580
- Professional Management Expense:
- $4,900
- Trash Expense:
- $8,805
- Water and Sewer Expense:
- $17,200
- Tax Lot:
- 16
- Tax Block:
- 49
- Pacific Coast Highway, north on President Avenue
- Floor
- Type
- Size
- Other
- -
- Kitchen
- Measurements not available
- -
- -
- Family Room
- Measurements not available
- -
- -
- Bedroom
- Measurements not available
- Bedroom on Main Level
- View:
- Neighborhood
- Appliances:
- Gas Oven, Gas Range, Water Heater
- Number of Buildings:
- 1
- Other Structures:
- Storage
- # of Electric Meters:
- 9
- # of Gas Meters:
- 9
- # of Water Meters:
- 1
- # Units Leased:
- 9
- Community Features:
- Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
- Senior Community:
- No
- Interior Features:
- Ceiling Fan(s), Granite Counters, Bedroom on Main Level
- Laundry Features:
- Common Area, Laundry Room
- Pool Features:
- None
- Private Pool:
- No
- Spa Features:
- None
- Lot Features:
- 0-1 Unit/Acre, Corner Lot, Front Yard, Level, Sprinkler System
- Fireplace Features:
- Family Room, Outside
- Security Features:
- Carbon Monoxide Detector(s), Smoke Detector(s)
- Levels:
- Two
- Num Stories:
- 2
- Entry Level:
- 1
- Entry Location:
- 1
- Construction Materials:
- Frame, Stucco, Wood Siding
- New Constr.:
- No
- Flooring:
- Carpet, Tile, Vinyl
- Foundation:
- Slab
- Roof:
- Composition, Flat
- Common Walls:
- No Common Walls
- # Units:
- 9
- Heating:
- Forced Air, Wall Furnace
- Fireplace:
- Yes
- Cooling:
- None
- Utilities:
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Electricity:
- Standard
- Fencing:
- Wood
- Water supply:
- Public
- Sewer:
- Public Sewer
- Spa:
- No
- Road Frontage Type:
- City Street
- Road Surface Type:
- Paved
- Garage Spaces:
- 2
- Uncovered Spaces:
- 2
- Carport Spaces:
- 5
- Total Parking Spaces:
- 9
- Parking Features:
- Assigned, Detached Carport, Driveway Level, Driveway, Garage
- Special Listing Conditions:
- Standard
- Parcel Number:
- 7410024037
- Zoning:
- LAR3
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Listed by Porter Heritage
Data was last updated August 2, 2025 at 04:40 AM (UTC)
- BRIDGETTE CARRILLO
- SEVEN GABLES REAL ESTATE
- 1 (626) 6428861
- Contact by Email
Based on information from California Regional Multiple Listing Service, Inc. as of August 2, 2025 at 04:40 AM (UTC) and/or other sources.
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.
Office Address:
326 S Myrtle Ave
Monrovia, CA, 91016