Sold for $2,200,000

Listed by: Porter Heritage • Jim Porter • Contact: 310-375-3197

Bought with: EXP REALTY OF CALIFORNIA INC

$2,200,000

25633 President Ave, Harbor City, CA 90710

22beds

15baths

9,812sqft

Mixed Use

Built in 1965

-- sqft lot

$2,196,000 Zestimate^®

$224/sqft

$1,954 Estimated rent

Home value

$2,196,000

$2.00M - $2.42M

$1,954/mo

Zestimate^® history

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$1,954/mo

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$13,887/mo

Est. payment

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$13,887/mo

Est. payment

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What's special

Private patiosAttractive new landscapingBrand-new roofFreshly painted exteriorOff-street parking

First time on the market in 25 years! This well-maintained 9-unit multifamily property presents a rare opportunity for investors seeking strong rental income in a high-demand area. The property includes six spacious 3-bedroom, 2-bath townhouse-style units, each with private patios, two 2-bedroom, 1-bath units, and one single. Recent updates include a brand-new roof (2024), freshly painted exterior, and attractive new landscaping. The building offers off-street parking with a combination of carport spaces, a 2-car garage, and driveway access. Conveniently located near schools, shopping centers, and major freeways, this property offers long-term upside potential and stable tenancy. Don’t miss this rare chance to own a quality apartment building in the heart of Harbor City. Current CAP rate of 5.02% with a potential 8.80% CAP rate at market rents. Current GRM is 11.27 and Market GRM of 7.90. This property is subject to the City of Los Angeles RSO.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 22
Bathrooms: 15

Rooms

Room types: Bedroom, Family Room, Kitchen

Bedroom

Features: Bedroom on Main Level

Heating

Forced Air, Wall Furnace

Cooling

None

Appliances

Included: Gas Oven, Gas Range, Water Heater
Laundry: Common Area, Laundry Room

Features

Ceiling Fan(s), Granite Counters, Bedroom on Main Level
Flooring: Carpet, Tile, Vinyl
Has fireplace: Yes
Fireplace features: Family Room, Outside
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 9,812
Total interior livable area: 9,812 sqft

Property

Parking

Total spaces: 9
Parking features: Assigned, Detached Carport, Driveway Level, Driveway, Garage
Garage spaces: 2
Carport spaces: 5
Covered spaces: 7
Uncovered spaces: 2

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Spa features: None
Fencing: Wood
Has view: Yes
View description: Neighborhood

Lot

Size: 8,941 Square Feet
Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Level, Sprinkler System

Details

Additional structures: Storage
Parcel number: 7410024037
Zoning: LAR3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Mixed Use

Materials

Frame, Stucco, Wood Siding
Foundation: Slab
Roof: Composition,Flat

Condition

New construction: No
Year built: 1965

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Harbor City

Financial & listing details

Price per square foot: $224/sqft
Date on market: 8/1/2025
Cumulative days on market: 12 days
Listing terms: Cash to New Loan,1031 Exchange
Total actual rent: 17672
Tenant pays: Electricity, Gas
Road surface type: Paved

Price history

Date	Event	Price
9/11/2025	Sold	$2,200,000-4.3%$224/sqft
Source: CRMLS #SB25172705 Report a problem
9/4/2025	Pending sale	$2,300,000$234/sqft
Source: CRMLS #SB25172705 Report a problem
8/15/2025	Contingent	$2,300,000$234/sqft
Source: CRMLS #SB25172705 Report a problem
8/1/2025	Listed for sale	$2,300,000$234/sqft
Source: CRMLS #SB25172705 Report a problem