Listing Courtesy Of:
The CREM Group, 323-347-1009, Mark Cianciulli
Local Realty Services Provided By:
Keller Williams Realty L.A. Harbor
Overview
What It'll Cost
Neighborhood
Similar Homes
$1,500,000
25032 Frampton Ave, Harbor City, CA 90710
11 Beds
10 Baths
7,440
sq ft
.23
ac
Log In to Reveal Price
$1,500,000
25032 Frampton Ave, Harbor City, CA 90710
Estimation provided by Keller Williams Realty Inc.
11 Beds
10 Baths
7,440
sq ft
.23
ac
Active
For Sale
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.
Assessed Value is a combination of the land and additions.
2023
$414.36
(+4.59%)
$24,480
Land 21,564 +
Additions 2,916
2022
$396.19
(-97.5%)
$23,531
Land 20,728 +
Additions 2,803
2021
$15,840
(+13.42%)
$1,148,798
Land 597,412 +
Additions 551,386
2019
$13,965
(+4.13%)
$1,137,020
Land 591,287 +
Additions 545,733
2017
$13,411
$973,317
Land 520,611 +
Additions 452,706
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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