NOT LISTED FOR SALE

25100 Frampton Ave Harbor City, CA 90710

8 Beds
7 Baths
3,618 Sq Ft
10,003 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $1,350,000 $373 Per Sq Ft

14 Days on Market

Highlights

  • Detached Garage
  • Ceiling Fan
  • 4-minute walk to Jonce Thomas Harbor City Community Park
  • 1-Story Property

About This Home

As of April 2024

We are pleased to present our newest exclusive listing in Harbor City. This property is comprised of seven units- three of which have been extensively renovated. The property is being offered at an extremely low price per unit, well below the sales comparables and boast estimated 60%upside + in rents. The property has been well taken care of and has strong curb appeal. A new owner can benefit from a good basis on a mid-sized apartment building, possible ADU garage conversions, and clip coupons as the rents come in. The property is being offered with strong yields in place and is well positioned near major employers (less than a mile from the Kaiser Permanente South Bay Medical Center), schools, parks, and more.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 02/23/2024

Last Buyer's Agent

Mike Nolan

Pacific West Properties License #00874241

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 10,003

Parking

  • Detached Garage

Interior Spaces

  • 3,618 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Additional Features

  • 10,003 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 7413-001-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3618
  • Lot Acreage: 0.2296
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 7.00
  • Equipment: Refrigerator, Microwave, Range/Oven, Garbage Disposal, Ceiling Fan
  • Price Per S Q F T: 373.13

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Detached

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 39.68
  • Assessed Improvement Value: 510000
  • Assessed Land Percent: 60.32
  • Assessed Land Value: 775200
  • Total Assessed Value: 1285200
  • Assessor Parcel Number: 7413-001-008
  • Lot Size Area: 10003

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.86
  • Number Of Units: 7
  • Type Of Units: Standard

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $1,350,000 0.0% $373 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $1,350,000 -- $373 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $17,525 $1,377,000 $963,900 $413,100
2024 $17,525 $1,310,904 $790,704 $520,200
2023 $17,196 $1,285,200 $775,200 $510,000
2022 $16,442 $1,260,000 $760,000 $500,000
2021 $10,020 $706,896 $332,062 $374,834
2019 $9,746 $685,931 $322,214 $363,717
2018 $9,581 $672,483 $315,897 $356,586
2016 $9,105 $646,372 $303,631 $342,741
2015 $6,003 $386,880 $154,914 $231,966
2014 $6,038 $379,303 $151,880 $227,423
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Weir

    Seller's Agent in 2024

    Jonathan Weir

    Marcus & Millichap

    (310) 909-5500

    2 in this area

    73 Total Sales

    Jonathan Weir
    Section Image

  • M

    Buyer's Agent in 2024

    Mike Nolan

    Pacific West Properties

See All Agents

Map

Source: The MLS

MLS Number: 24-362075

The MLS
California Los Angeles County Harbor City 90710

25100 Frampton Ave, Harbor City, CA

Not Listed for Sale

MultiFamily

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