1652 Lomita BLVD, Harbor City, CA 90710

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Juan Oropeza

juan@juanorealtor.com +1(818) 941-0721

$ 1,320,000

Est. payment | -/mo

5,941 Sqft Lot

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$ 1,320,000

Est. payment | -/mo

Save

5,941 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24231665

HOA Y/N No

Year Built 1964

Lot Size 5,941 Sqft

Property Description

Starlight is a six-unit apartment community built in 1964. It offers an appealing mix of apartments: two studio units, three two-bedroom one-bath units, and one three-bedroom two-bath unit. Parking is secured at the rear of the property. The community has a full occupancy rate of 100% and enjoys reliable rent collections in a stable rental market. The Marker Cap Rate is in the 9% range.

Residents benefit from quick access to major freeways, as well as proximity to schools, shopping centers, and restaurants. Additionally, the beautiful beaches of Torrance are only a 15-minute drive away.

Location

State CA

County Los Angeles

Area 124 - Harbor City

Zoning LAR3

Interior

Heating Radiant

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 1.0

Carport Spaces 3

Garage Description 1.0

Pool None

Community Features Curbs, Storm Drain(s), Sidewalks, Urban

Total Parking Spaces 6

Private Pool No

Building

Lot Description 36-40 Units/Acre

Story 2

Entry Level Two

Sewer Sewer Assessment(s)

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7410018036

Acceptable Financing Cash, Cash to Existing Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Mike Marcu • Mike Marcu, Broker • 562-260-0940