25203 Belle Porte Ave
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25203 Belle Porte Ave
12 Unit Apartment Building $1,950,000 ($162,500/Unit) Harbor City, CA 90710
Investment Highlights
- Corner Lot
Executive Summary
Incredible value add opportunity. Rents are way below market. Property is being sold in as-is condition. Seller is a court approved fiduciary acting as trustee for owner. Court approval may be required.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $1,950,000 | Apartment Style | Low Rise |
| Price Per Unit | $162,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 12 | Building Size | 7,329 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1958 |
| Price | $1,950,000 |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,329 SF |
| No. Stories | 2 |
| Year Built | 1958 |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
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Walk Score ®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 7410-004-030 | Total Assessment | $222,510 (2024) |
| Land Assessment | $37,221 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $185,289 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
7410-004-030
Land Assessment
$37,221 (2024)
Improvements Assessment
$185,289 (2024)
Total Assessment
$222,510 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | LAR3 (Multiple Dwelling) |
| LAR3 (Multiple Dwelling) |
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25203 Belle Porte Ave
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