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25711 Frampton Ave
Harbor City, CA 90710

$11,000,000 USD

Apartments For Sale  •  36,176 SF

Property Details

  • Property Type Apartments
  • Total Building Size 36,176 SF
  • Lot Size 1.3 AC
  • Building Class C
  • Year Built 1976
  • Zoning LAR3
60 Transit Score
50 Walk Score

Highlights

Well maintained 60 unit apartment complex with significant upside in rental income, subject to City of Los Angeles RSO
GRM is in the Mid 9's and a 6.25% CAP rate on year 1 income at asking price!
Two story stucco complex built in 1976, with pool, laundry rooms and parking onsite for 90 vehicles which provides potential additional income.
Great location one half block north from a New Starbucks on PCH and Frampton.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Dishwasher
  • Laundry Facilities
  • Microwave
  • Property Manager on Site
  • Gated
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Walk-In Closets
  • Carpet
  • Public Transportation

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 18 min - 10.3 mi
Los Angeles International 26 min - 16.0 mi
John Wayne/Orange County 41 min - 30.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 90
Type: Surface
Included in Rent: Yes
Stephen Lampe 310-880-1151 RE/MAX Commercial & Investment Realty
Stephen Lampe 310-880-1151 RE/MAX Commercial & Investment Realty