13
See all 13 photos
$1,500,000
Est. payment /mo
11 BD
10 BA
7,440 SqFt
New
25032 Frampton AVE Harbor City, CA 90710
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UPDATED:
01/17/2025 10:11 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 7,440 sqft
Price per Sqft $201
MLS Listing ID 25482381
Bedrooms 11
Full Baths 10
HOA Y/N No
Year Built 1977
Lot Size 10,005 Sqft
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
Area 124 - Harbor City
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling None
Flooring Tile
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Parking Features Carport, One Space
Pool None
View Y/N No
View None
Roof Type Tile
Private Pool No
Building
Entry Level Two
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7413001007
Special Listing Condition Standard
Listed by Mark Cianciulli • The CREM Group