13
See all 13 photos
$1,450,000
Est. payment /mo
11 Beds
10 Baths
7,440 SqFt
Pending
25032 Frampton Avenue Harbor City (los Angeles), CA 90710
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 7,440 sqft
Price per Sqft $194
MLS Listing ID CL25482381
Bedrooms 11
Full Baths 10
HOA Y/N No
Year Built 1977
Lot Size 10,004 Sqft
Acres 0.2297
Property Sub-Type Single Family Residence
Property Description
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 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.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Cooling None
Flooring Tile
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Pool None
View Y/N false
View None
Private Pool false
Building
Story 2
Architectural Style Traditional
Level or Stories Two Story
New Construction No
Others
Tax ID 7413001007
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Listed by Mark Cianciulli • The CREM Group
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289