Harbor City, CA 90710,1401 PACIFIC COAST HIGHWAY HWY
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Harbor City, CA 90710,1401 PACIFIC COAST HIGHWAY HWY
Harbor City, CA 90710,1401 PACIFIC COAST HIGHWAY HWY
Harbor City, CA 90710,1401 PACIFIC COAST HIGHWAY HWY
Harbor City, CA 90710,1401 PACIFIC COAST HIGHWAY HWY

$1,699,000

Est. payment /mo
Est.Price: ?

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1401 PACIFIC COAST HIGHWAY HWY Harbor City, CA 90710

7,368 SqFt

SOLD DATE : 01/09/2020

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,368 sqft

Price per Sqft $230

MLS Listing ID 19-521018

Year Built 1963

Lot Size 8,092 Sqft

Property Sub-Type Multi-Family

Property Description

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!?!

Location

State CA

County Los Angeles

Area Harbor City

Zoning LAC2

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall

Cooling None

Equipment Range/Oven

Exterior

Parking Features Covered Parking

Garage Spaces 7.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with Marcus & Millichap
Scott Goshorn

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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