1651 251st St Harbor City, CA 90710
Estimated payment $5,266/month
Highlights
- Laundry Room
- Rectangular Lot
- 1-Story Property
About This Home
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, 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.
Listing Agent
Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 12/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,868
Year Built
- Built in 1963
Lot Details
- 5,956 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 3 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,880 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 18 / 7
- Tax Tract Number 1589
- Assessor Parcel Number 7410018023
- $573 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Operating Expense $20,536
- Gross Income $49,176
- Net Operating Income $28,640
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,868 | $534,814 | $360,551 | $174,263 |
| 2024 | $6,868 | $524,329 | $353,482 | $170,847 |
| 2023 | $6,738 | $514,049 | $346,551 | $167,498 |
| 2022 | $6,436 | $503,970 | $339,756 | $164,214 |
| 2021 | $6,349 | $494,090 | $333,095 | $160,995 |
| 2019 | $6,164 | $479,437 | $323,216 | $156,221 |
| 2018 | $6,056 | $470,037 | $316,879 | $153,158 |
| 2016 | $5,777 | $451,786 | $304,575 | $147,211 |
| 2015 | $5,691 | $445,000 | $300,000 | $145,000 |
| 2014 | $5,089 | $385,000 | $315,000 | $70,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $895,000 | +97.8% | $476 / Sq Ft | |
| 10/15/2014 10/15/14 | Sold | $452,500 | -3.6% | $241 / Sq Ft | View Prior Sale |
| 09/29/2014 09/29/14 | Pending | -- | -- | -- | |
| 07/25/2014 07/25/14 | For Sale | $469,500 | +21.9% | $250 / Sq Ft | |
| 12/19/2013 12/19/13 | Sold | $385,000 | +18.3% | $205 / Sq Ft | View Prior Sale |
| 12/05/2013 12/05/13 | Pending | -- | -- | -- | |
| 08/07/2013 08/07/13 | For Sale | $325,500 | -- | $173 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $445,000 | Title 365 | |
| Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
| Grant Deed | $385,000 | Ticor Title Company Of Ca | |
| Trustee Deed | $359,142 | Accommodation | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Grant Deed | $650,000 | Financial Title Co La | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $236,000 | Purchase Money Mortgage | |
| Previous Owner | $500,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25272404
APN: 7410-018-023
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Based on information from California Regional Multiple Listing Service, Inc. 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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