- 5 Beds
- 2 Baths
- 5,192 Sqft
- .16 Acres
1340 253rd Street
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.
Essential Information
- MLS® #26664277
- Price$1,550,000
- Bedrooms5
- Bathrooms2.00
- Square Footage5,192
- Acres0.16
- Year Built1957
- TypeResidential Income
- StatusActive
Community Information
- Address1340 253rd Street
- Area124 - Harbor City
- CityHarbor City
- CountyLos Angeles
- Zip Code90710
Amenities
- Parking Spaces5
- ParkingAssigned
- GaragesAssigned
Interior
- # of Stories2
- StoriesMulti/Split
Additional Information
- Date ListedMarch 13th, 2026
- Days on Market182
- ZoningLARD2
Listing Details
- AgentNabil Awada
Office
Matthews Real Estate Investment Services
Price Change History for 1340 253rd Street, Harbor City, (MLS® #26664277)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,100,000 to $1,550,000 | ||
| Price Reduced from $3,150,000 to $3,100,000 |
Nabil Awada, Matthews Real Estate Investment Services.
Based on information from California Regional Multiple Listing Service, Inc. as of September 12th, 2026 at 10:45am PDT. 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, 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.