1401 Pacific Coast Highway Hy Harbor City, CA 90710

$1,699,000
Harbor City, CA   90710
0 Beds, 0.0 Baths, 0 sq ft, 0 sq ft lot, Built in 1963
1401 Pacific Coast Highway Hy, Harbor City, CA 90710 Photo 0
1401 Pacific Coast Highway Hy, Harbor City, CA 90710 Photo 1
1401 Pacific Coast Highway Hy, Harbor City, CA 90710 Photo 2
1401 Pacific Coast Highway Hy, Harbor City, CA 90710 Photo 3
1401 Pacific Coast Highway Hy, Harbor City, CA 90710 Photo 4
1401 Pacific Coast Highway Hy, Harbor City, CA 90710 Photo 5
0 Beds,
0.0 Baths,
0 sq ft,
0 sq ft lot
Built in 1963

Description

MLS# 19521018

A highly-accessible and highly-visible location between Torrance and the 110 Freeway. A VALUE-ADD opportunity for a savvy investor with the added appeal of potential seller-financing. The property is made up of 7 apartment units and 3 retail/storefronts. The 3 retail/storefronts (Units 1,2, & 4) will be delivered vacant - the buyer can cherry pick the tenants a/o reconfigure the spaces, and name a desired rent for those spaces. In addition, 2 of the apartment units will be delivered vacant, as well. The Buyer will enjoy an immediate market rent in 5 of the 10 units soon after closing. The Seller recently put a new "cool" roof on ($27K), just repainted the exterior and is completing the 2nd floor decking now. Potential 9% cap upside!?! Listed by Brice Head, Marcus & Millichap.

Description

MLS# 19521018

A highly-accessible and highly-visible location between Torrance and the 110 Freeway. A VALUE-ADD opportunity for a savvy investor with the added appeal of potential seller-financing. The property is made up of 7 apartment units and 3 retail/storefronts. The 3 retail/storefronts (Units 1,2, & 4) will be delivered vacant - the buyer can cherry pick the tenants a/o reconfigure the spaces, and name a desired rent for those spaces. In addition, 2 of the apartment units will be delivered vacant, as well. The Buyer will enjoy an immediate market rent in 5 of the 10 units soon after closing. The Seller recently put a new "cool" roof on ($27K), just repainted the exterior and is completing the 2nd floor decking now. Potential 9% cap upside!?! Listed by Brice Head, Marcus & Millichap.

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  • Headshot
    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: 124 - Harbor City
COUNTY: LA
Building Info
STORIES: 2
PARKING: Covered Parking
COOLING: None
HEATING: Wall Heater
Community
UNITS TOTAL: 10
STORIES TOTAL: 2
Land
ZONE: LAC2
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