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$ 1,320,000
Est. payment | /mo
5 Beds
4 Baths
5,941 Sqft Lot
$ 1,320,000
Est. payment | /mo
5 Beds
4 Baths
5,941 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24231665
Bedrooms 5
HOA Y/N No
Lot Size 5,941 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Starlight is a six-unit apartment community built in 1964. It offers an appealing mix of apartments: two studio units, three two-bedroom one-bath units, and one three-bedroom two-bath unit. Parking is secured at the rear of the property. The community has a full occupancy rate of 100% and enjoys reliable rent collections in a stable rental market. The Marker Cap Rate is in the 9% range. Residents benefit from quick access to major freeways, as well as proximity to schools, shopping centers, and restaurants. Additionally, the beautiful beaches of Torrance are only a 15-minute drive away.
Starlight is a six-unit apartment community built in 1964. It offers an appealing mix of apartments: two studio units, three two-bedroom one-bath units, and one three-bedroom two-bath unit. Parking is secured at the rear of the property. The community has a full occupancy rate of 100% and enjoys reliable rent collections in a stable rental market. The Marker Cap Rate is in the 9% range. Residents benefit from quick access to major freeways, as well as proximity to schools, shopping centers, and restaurants. Additionally, the beautiful beaches of Torrance are only a 15-minute drive away.
Starlight is a six-unit apartment community built in 1964. It offers an appealing mix of apartments: two studio units, three two-bedroom one-bath units, and one three-bedroom two-bath unit. Parking is secured at the rear of the property. The community has a full occupancy rate of 100% and enjoys reliable rent collections in a stable rental market. The Marker Cap Rate is in the 9% range. Residents benefit from quick access to major freeways, as well as proximity to schools, shopping centers, and restaurants. Additionally, the beautiful beaches of Torrance are only a 15-minute drive away.
Location
State CA
County Los Angeles
Area Harbor City (90710)
Zoning Estimated
Interior
Appliance Radiant
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $140
Acceptable Financing Cash, Exchange
Space Rent $929
Listing Terms Cash, Exchange
Listed by Mike Marcu • Mike Marcu, Broker
GET MORE INFORMATION
Coronado Premier Properties
Broker Associate | Lic# 01976606
info@coronadopremierproperties.com
503-B Grand Caribe Causeway, Coronado, CA, 92118