J
Seller's Agent in 2025
James Porter
Porter Heritage
(310) 375-3197
1 in this area
6 Total Sales
25633 President Ave Los Angeles, CA 90710
Harbor City Neighborhood
22
Beds
15
Baths
9,812
Sq Ft
8,941
Sq Ft Lot
Highlights
- Traditional Architecture
- Corner Lot
- No HOA
- Main Floor Bedroom
- Granite Countertops
- Neighborhood Views
About This Home
As of September 2025First time on the market in 25 years! This well-maintained 9-unit multifamily property presents a rare opportunity for investors seeking strong rental income in a high-demand area. The property includes six spacious 3-bedroom, 2-bath townhouse-style units, each with private patios, two 2-bedroom, 1-bath units, and one single.
Recent updates include a brand-new roof (2024), freshly painted exterior, and attractive new landscaping. The building offers off-street parking with a combination of carport spaces, a 2-car garage, and driveway access.
Conveniently located near schools, shopping centers, and major freeways, this property offers long-term upside potential and stable tenancy. Don’t miss this rare chance to own a quality apartment building in the heart of Harbor City.
Current CAP rate of 5.02% with a potential 8.80% CAP rate at market rents. Current GRM is 11.27 and Market GRM of 7.90.
This property is subject to the City of Los Angeles RSO.
Last Agent to Sell the Property
Porter Heritage Brokerage Phone: 310-408-8129 License #01266035 Listed on: 08/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 8,941 Sq Ft Lot
- No Common Walls
- Wood Fence
- Corner Lot
- Level Lot
- Sprinkler System
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- 5 Detached Carport Spaces
- Parking Available
- Driveway Level
- Assigned Parking
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Flat Roof Shape
- Slab Foundation
- Frame Construction
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 9,812 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Family Room with Fireplace
- Neighborhood Views
Kitchen
- Gas Oven
- Gas Range
- Granite Countertops
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 22 Bedrooms
- Main Floor Bedroom
- 15 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Fireplace in Patio
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Location
- Suburban Location
Utilities
- Forced Air Heating System
- Wall Furnace
- Natural Gas Connected
- Central Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 16 / 49
- Tax Tract Number 1589
- Assessor Parcel Number 7410024037
Community Details
Overview
- No Home Owners Association
- 9 Units
Amenities
- Laundry Facilities
Building Details
- 9 Leased Units
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,100
- Fuel Expense $5,200
- Gardener Expense $1,800
- Insurance Expense $22,335
- Professional Management Expense $4,900
- Trash Expense $8,805
- Water Sewer Expense $17,200
- Operating Expense $88,580
- Gross Income $1,800
- Net Operating Income $115,520
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | Sold | $2,200,000 | -4.3% | $224 / Sq Ft |
| 08/13/2025 08/13/25 | Pending | -- | -- | -- |
| 08/01/2025 08/01/25 | For Sale | $2,300,000 | -- | $234 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
James Porter
-
Keiko Shibanai
Buyer's Agent in 2025
Keiko Shibanai
EXP REALTY OF CALIFORNIA INC
(424) 215-9164
1 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25172705
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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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