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. This property is subject to the City of Los Angeles RSO.
MLS #
CRSB25172705
MLS Source
California Regional MLS
Appliances
Oven - Gas, Oven Range - Gas
Cooling
None
Heating
Forced Air, Wall Furnace
Roof
Composition, Flat
Foundation
Slab
Style
Traditional
Garage/Parking
Assigned Spaces, Detached, Garage, Other, Garage: 2 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 9 | – |
25633 President Ave is a Residential Income in Harbor City, CA 90710. This – square foot property sits on a 8,941 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,200,000 and was built in 1965.
This address can also be written as 25633 President Ave, Harbor City, CA 90710.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 11, 2025. For the most current information, please contact Jim Porter, (310) 375-3197