*Great Owner-User Opportunity. See agent remarks.*
This offering presents an excellent opportunity to acquire a three-bed/two-bath home and a two-bed/one-bath home on one lot. The homes feature laundry hookups, patios, and separate gas and electric meters. Additionally, a detached building in the rear offers three garage parking spaces. This property’s detached,… Read More single-story floor plans and laundry and garage amenities are sought-after in this rental market.
1651 251st Street is located on the border of Harbor City and Lomita in the desirable inland South Bay. Situated near the intersection of Lomita Boulevard and Western Avenue, the property is proximate to schools, retail, and the 110 Freeway.
The property is occupied by long-term tenants, and current rents are 27 percent below market, offering a new investor significant upside potential. Read Less
Property listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac 310-259-7556
Listing Snapshot
Days Online
110
Last Updated
Property Type
Duplex
Lot Size
0.14 Acres
Year Built
1963
MLS Number
PW25272404
Additional Details
Building
Built in 1963, 2 buildings, 1 storey, Entry level: 1, Entry location: 1
Community
Suburban
Expenses
Operating: $20,536
Garage
3 spaces
Income
Gross Income: $49,176, Gross ScheduledIncome: $49,176, Net Operating Income: $28,640
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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