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16 Beds
8 Baths
5,192 sqft

$1,550,000

1340 253rd Street, Harbor City CA, 90710

Price per sqft$298.54
Built in1957
Property size5,192 sqft
Property typeResidential
Listed by Nabil Awada CA DRE# 02046840 with Matthews Real Estate Investment Services 310-844-9362

Overview

Active

Listed Mar 13, 2026

Updated Aug 12

We are proud to present 1340 W 253rd Street, an 8-unit two-story apartment building in Harbor City, California offered at $1,550,000. Built in 1957, the unit mix includes eight residential units with a mix of two-bedroom and three-bedroom floor plans. The property has undergone several improvements including tile flooring throughout, upgraded kitchen cabinetry and countertops, enhanced wall heaters and ceiling fans, new stucco and exterior paint, newer water heaters, copper plumbing, and dual-pane windows. The complex shares a secured courtyard and parking with the adjacent 8-unit building at 1344 W 253rd Street (MLS# 26843231), and both properties must be sold concurrently at a combined asking price of $3,100,000 $193,750/unit. With approximately 60% rental upside, this is an ideal entry point for investors seeking a courtyard portfolio with long-term growth and reliable cash flow at a 6.15% current cap rate/10.10 current GRM and 11.61% market cap rate/6.43 market GRM. Reach out to Listing Agent for the full combined marketing package.

$10,312/mo

Est. mortgage payment based on a $1,550,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26664277

Interior Features

Bedrooms
16
Bathrooms
8
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Nabil Awada CA DRE# 02046840 with Matthews Real Estate Investment Services 310-844-9362

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/12/2026 at 3:40 AM UTC Last Checked: 3:40 AM UTC

 

 

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