Harbor City (124) Homes with Multi Family Subtype

Welcome to Harbor City, California—a hidden gem nestled within the vibrant tapestry of Los Angeles County. Known for its friendly atmosphere and diverse community, Harbor City offers a unique blend of suburban charm and urban convenience. This picturesque neighborhood is perfectly situated near the bustling ports of Los Angeles, providing residents with easy access to the waterfront and a variety of outdoor recreational activities.

Harbor City’s real estate market is particularly appealing for those looking to invest in multi-family homes. With a rich selection of properties designed for multiple families, this area is ideal for investors seeking rental income or families wishing to live close to one another while maintaining their independence. The multi-family homes in Harbor City boast spacious layouts, modern amenities, and often come with beautiful outdoor spaces, perfect for enjoying the California sunshine.

The neighborhood is also conveniently located near major highways, making commuting to downtown Los Angeles or nearby beach cities a breeze. Residents can take advantage of local parks, shopping centers, and a variety of dining options, ensuring that everything you need is just a stone's throw away.

Whether you’re looking to invest in a multi-family property or find a home that accommodates your extended family, Harbor City presents a wonderful opportunity to become part of a thriving community. Embrace the charm of this coastal enclave and discover how Harbor City can be the perfect place to call home.

Newest Harbor City (124) Homes with Multi Family Subtype

$1,498,800

DW22136678 MLS ⋅ Active Status ⋅ Sunset Apartments BLDG.

We are pleased to present the Sunset Apartments, a 6 unit apartment building in Harbor City in the South Bay submarket of Los Angeles. The unit mix consists of (1) Huge 3bd/2ba with attached direct entry 1-car garage, (3) Large 2bd/1ba, and (2) Studio/1ba units. This is an extremely rare opportunity as the building is being offered with the two largest units vacant and renovated! A new owner will be able to choose their own tenants and achieve market rent for these units starting on Day 1 and capitalize on the high rental demand in the area that has very low average vacancy and high rents. The other units offer huge rental upside as the units turn over the new owner will be able to achieve a 7.4% Market Cap Rate. This building benefits from the excellent central location within minutes between Redondo Beach, Palos Verdes, San Pedro port, and Long Beach. The 6 unit building next door (1652 Lomita Blvd) is also listed for sale (separate seller) and is a mirror copy of this building with identical unit mix. Here's your opportunity to purchase these side by side buildings in a strong rental market. Harbor City is a small suburb connecting Greater Los Angeles to the port cities of Wilmington and San Pedro. It borders affluent cities such as Rancho Palos Verdes, Rolling Hills, and Torrance. The building is located seconds to Pacific Coast Highway and is a short drive to beach cities such as Long Beach to the east, Redondo Beach and Manhattan Beach to the Northwest. High Rental Demand in Excellent South Bay submarket within minutes to Pacific Coast Highway and neighboring Rolling Hills Estates and Palos Verdes Estates. Huge Rental Income Upside - 7.4% Proforma CAP Rate and 9.94 Proforma GRM. Near abundance of employment opportunities in Long Beach, San Pedro and Wilmington Ports.

1656 Lomita Boulevard, Harbor City

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.