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1503 257th, Harbor City, CA 90710

Harbor City
Local realty services provided by:CENTURY 21 Lois Lauer Realty
1503 257th,Harbor City, CA 90710
$1,149,000
  • - Beds
  • - Baths
  • 3,551 sq. ft.
  • Multi-family
  • Active
Listed by: joshua hammond
Office: compass310-241-3038
MLS#:SB26139825
Source:CRMLS

Price summary

  • Price:$1,149,000
  • Price per sq. ft.:$323.57

About this home

This fully occupied 4-unit quadruplex at 1503 W 257th St offers one of the most compelling value-add stories on the market today — with rents significantly below market rate, the path to a 7% CAP rate is already mapped out for you. Major updates in 2020: Full remodel of front house, exterior paint and termite clerance/tenting. The property currently generates $5,543/month in gross rents, but make no mistake — that number tells only half the story. With units priced well under prevailing market rents in the Harbor City area, a savvy buyer has immediate runway to close the gap and dramatically boost NOI. Bring rents to market and this property performs at a 7% CAP rate — exceptional for the Los Angeles South Bay market. Spanning 3,551 sq ft across 9 bedrooms and 4 bathrooms on a corner lot, this well-maintained quadruplex offers the scale to move the needle. Four garage spaces add a premium amenity that commands top-of-market rents and reduces vacancy. In-unit laundry...

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Home facts

  • Year built:1951
  • Listing ID #:SB26139825
  • Added:2 day(s) ago
  • Updated:June 28, 2026 at 04:40 PM

Rooms and interior

  • Living area:3,551 sq. ft.

Structure and exterior

  • Year built:1951
  • Building area:3,551 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Corner Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,149,000
  • Price per sq. ft.:$323.57

Parking

  • Total parking spaces:4
  • Garage:Yes
  • Garage spaces:4
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