Property listed by The CREM Group, Mark Cianciulli 323-347-1009
$1,500,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
54
Last Updated
Property Type
Single Family Residence
Beds
11
Full Baths
10
Square Ft.
7,440
Lot Size
0.23 Acres
Year Built
1977
MLS Number
25482381
30 Days Snapshot Of 90710
$770k
-10%
(avg) sold price
11
+83%
homes sold
109
+29%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1977, Building area total: 7,440, Levels: Two, Living area: 7440, 2 stories, Architectural style: Traditional, Common walls: NoCommonWalls, Construction materials: Stucco
Cooling
None
Fireplaces
None
Floors
Tile
Heating
WallFurnace
Laundry
SeeRemarks
Lot
0.2297 acres, 10,004 square feet, Size: 10,004
Parking
Carport, OneSpace
Pool
None
Property
Zoning: LARD1.5, None
Roof
Tile
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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