25032 Frampton Avenue
Harbor City, CA 90710
7440 sqft | 11 beds | 10 baths | 0.23 acres | #25482381
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.
Property Details
- Property SubtypeSingleFamilyResidence
- CountyLos Angeles
- Original List Price$1,500,000
- Property TypePurchase
- MLS #25482381
- MLS #25482381
- Cost1500000
- Acres0.2297
- Square Feet7440
- Year Built1977
- Bedrooms11
- Bathrooms10
- Full Baths10
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Mark Cianciulli (#CLW-C123197)
Listing Office: The CREM Group (#CLW-X81875)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
