25032 Frampton Avenue

Harbor City, CA 90710

$1,500,000

List Price

11

bed Beds

10

shower Baths

7,440 sqft

straighten / sqft

1977

calendar_month Built

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.

Listing Information

List Price $1,500,000
Status Active
MLS 25482381
Type Residential
Subtype Single Family Residence
Year Built 1977
Lot Size 10,004
Structure Size 7,440
DOM 3
Courtesy Of The CREM Group
Listing Agent Mark Cianciulli DRE#01990266

Interior Features

Laundry Information
Location(s) See Remarks
Total Bedroom
Bedrooms 11
Total Bathroom
Bathrooms 10
Flooring Information
Material Tile
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Mark Cianciulli, The CREM Group 323-208-9512. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 17th, 2025 at 10:11 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.