$6,950,000

Estimated payment $45,406/month

Total Views 3,874
12 Beds
10 Baths
12,413 Sq Ft
$560 Price per Sq Ft

Highlights

  • 0.46 Acre Lot
  • Rectangular Lot
  • 5-minute walk to Jonce Thomas Harbor City Community Park
  • Laundry Room

About This Home

Pleased to present the newly-built to condo specifications Harbor Gateway Townhomes. This 2024 construction gem showcases (12) beautiful 3-bedroom townhomes, situated across two adjacent 6-unit parcels. Investors and tenants both will love the modern, high-end décor and amenities found throughout the exterior and interior of units.The property is available for sale individually as 6-unit properties or together as 12 units.

Listing Agent

Doug Rodermund

Morgan Skenderian Brokerage Email: dsr@morganskenderian.com License #01314304 Listed on: 06/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $83,378

Year Built

  • Built in 2024

Lot Details

  • 0.46 Acre Lot
  • Two or More Common Walls
  • Rectangular Lot
  • 7413001015

Parking

  • 14 Open Parking Spaces
  • 10 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 12,413 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 14 / 3
  • Tax Tract Number 1589
  • Assessor Parcel Number 7413001014
  • $1,722 per year additional tax assessments

Community Details

Overview

  • 6 Buildings
  • 12 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,500
  • Fuel Expense $1,500
  • Gardener Expense $2,400
  • Insurance Expense $6,000
  • Maintenance Expense $10,000
  • Other Expense $1,000
  • Pest Control $1,200
  • Trash Expense $1,500
  • Water Sewer Expense $1,500
  • New Taxes Expense $85,100
  • Operating Expense $111,700
  • Gross Income $491,473
  • Net Operating Income $379,773

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$83,378

Year Built

Built in 2024

Lot Details

0

Parking

10

Listing Details

  • Assessments: Yes
  • CapRate: 5.50
  • Price Per Unit: 579167
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LARD1.5
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 7413001014
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 559.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 24.00
  • Uncovered Spaces: 14.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7413001015
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 20000.00
  • Lot Size Acres: 0.4591

Multi Family

  • Electric Expense: 1500.00
  • Fuel Expense: 1500.00
  • Gross Multiplier: 13.86
  • Gross Operating Income: 491473.00
  • Gross Scheduled Income: 501504.00
  • Insurance Expense: 6000.00
  • Lot Size Area: 20000.0000 Square Feet
  • Maintenance Expense: 10000.00
  • Net Operating Income: 379773.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 12
  • Operating Expense: 111700.00
  • Other Expense: 1000.00
  • Other Expense Description: misc
  • Rent Control: Yes
  • Total Expenses: 111700.00
  • Vacancy Allowance: 10030

Tax Info

  • New Taxes Expense: 85100.00
  • Tax Block: 3
  • Tax Census Tract: 2944.21
  • Tax Lot: 14
  • Tax Tract Number: 1589
  • Tax Annual Amount: 83378.00
  • TaxOtherAnnualAssessmentAmount: 1722.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $9,436 $696,927 $557,543 $139,384
2023 $9,253 $683,262 $546,611 $136,651
2022 $8,844 $669,866 $535,894 $133,972
2021 $8,629 $656,733 $525,387 $131,346
2019 $5,777 $458,964 $274,732 $184,232
2018 $5,693 $449,966 $269,346 $180,620
2016 $5,438 $432,495 $258,888 $173,607
2015 $5,440 $426,000 $255,000 $171,000
2014 $1,849 $128,376 $103,826 $24,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $3,475,000 -50.0% $563 / Sq Ft
06/19/2025 06/19/25 For Sale $6,950,000 -- $560 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $650,000 Provident Title Company
Interfamily Deed Transfer -- Stewart Title Company
Grant Deed -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,330,000 New Conventional
Closed $1,860,000 Construction
Closed $585,000 Commercial
Previous Owner $333,750 New Conventional
Previous Owner $296,000 New Conventional
Previous Owner $205,000 New Conventional
Previous Owner $62,000 Purchase Money Mortgage
Previous Owner $120,000 Credit Line Revolving
Previous Owner $80,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25138239

California Regional Multiple Listing Service (CRMLS)

APN: 7413-001-015