25032 Frampton Avenue in Harbor City, CA, is a 10-unit apartment building offering significant value-add potential. Constructed in 1977, the property consists of nine 1-bedroom units and one 2-bedroom unit, totaling 7,440 square feet of gross building area on a 10,004-square-foot lot. Included in the offering is the adjacent "alley parcel," an additional 4,670 square feet utilized for tenant parking, bringing the total land area to 14,674 square feet. With current rents over 40% below market, this property offers an opportunity to achieve north of a 10% CAP rate upon unit turnover, making it an exceptional investment for those seeking value growth.
|
DAYS ON MARKET
|
104
|
LAST UPDATED
|
4/25/2025
|
|
YEAR BUILT
|
1977
|
COMMUNITY
|
Harbor City
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
|
Prior to Apr 25, '25
|
$1,500,000
|
| Apr 25, '25 - Today |
$1,450,000 |
| AIR |
None |
| AREA |
Harbor City |
| CONSTRUCTION |
Stucco |
| GARAGE |
Carport, One Space |
| HEAT |
Wall Furnace |
| LOT |
10004 sq ft |
| PARKING |
Carport,One Space |
| POOL DESCRIPTION |
None |
| STORIES |
2 |
| STYLE |
Traditional |
| VIEW DESCRIPTION |
None |
| ZONING |
LARD1.5 |
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Listed with The CREM Group
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/25 1:49 AM PDT 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
This IDX solution is (c) Diverse Solutions 2025.
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