1612 253rd, Harbor City, California 90710, Harbor City, 90710 - 0 bed, 0 bath
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Harbor City, California 90710
This Turnkey Income-Producing Triplex is listed at $1,275,000, representing a stable acquisition at its $1,275,000 Fair Market Value. The property maintains an Excellent Condition Rating following the 2024 completion of two modern rear units and extensive updates to the front residence. Featuring quartz countertops, mini-split HVAC, and a private patio, the asset generates $7,591 in monthly rental income. Located steps from Harbor City Elementary, this property offers rare owner financing options. It is a strategic choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1612 253rd Subject | $1,275,000* List Price | 0 | 0 | 3,100 | $411 | - |
A 26011 Belle Porte Active | $1,399,000 List Price | 0 | 0 | 3,281 | $426 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This triplex qualifies as excellent due to the majority of the property being brand-new construction (2024). The two rear units feature modern open-concept designs, vinyl plank flooring, mini-split HVAC systems, and contemporary kitchens with white shaker cabinets and quartz countertops. The front 1927 residence has been extensively updated with wood flooring, recessed lighting, and a modernized kitchen, ensuring the entire property meets high current quality standards with no deferred maintenance.
The property is a turnkey investment fully occupied with a total monthly rental income of $7,591, featuring a mix of a modernized front home and two brand-new rear units.
The seller is willing to consider owner financing with as little as 20% down, offering a rare and valuable alternative for buyers in a restrictive lending environment.
With two units completed in 2024/2025, the property offers modern building standards, energy efficiency, and significantly reduced immediate maintenance requirements compared to older multi-family assets.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3100, other record living area = 928.
The property has undergone multiple price reductions from an original list price of $1.49M to $1.275M, suggesting initial overvaluation or difficulty securing a buyer at previous price points.
Housing three separate units on a 5,485 sq ft lot creates a high-density living environment with shared courtyard spaces, which may limit privacy for individual tenants.
Excellent Income-Producing Triplex with New Construction Units. **Seller will consider owner financing with at least 20% down** Fantastic opportunity to own a well-maintained triplex featuring a charming front single-family residence and two new construction rear units, thoughtfully designed for strong rental income. The front detached home (1612), built in 1927, offers classic character with modern updates. This 2-bedroom, 1-bath residence has 928 sq ft and features wood flooring throughout, with tile flooring in the kitchen. The updated kitchen includes quartz countertops, modern appliances, and private in-unit laundry. The home also enjoys a private front yard and a long driveway accommodating up to three vehicles. The front house is currently rented at $3,016/month. Behind the front residence, a shared courtyard separates the buildings and creates a welcoming common outdoor space. The two rear units (1614 & 1614 ½) were newly built in 2024, offering modern layouts and finishes. Unit 1614 is a two-story townhome-style unit featuring an open-concept living and kitchen area with a half bath on the main level. Upstairs includes two generously sized bedrooms with walk-in closets, a full bathroom, and a dedicated laundry area in the hallway. This unit is currently rented for $3,000/month. Unit 1614 1/2 is s a studio unit, attached to 1614, and currently rented for $1,575/month. The rear units include assigned parking located at the back of the property. With a strong rental lineup, a blend of historic charm and modern construction, and excellent income already in place, this property presents a compelling opportunity for investors or owner-users seeking long-term value.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-6 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,100 | 1,920 | 67% |
| Lot Size | 5,485 | 6,026 | 33% |
| Price | $1.27M | $1.06M | 67% |
| Price per sq ft | $411 | $469 | 33% |
| Built year | 2025 | 1955 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 137 | 137 | 67% |
Mar 26, 2026
$1,275,000
$1,295,000
-2% Price Drop
Initial Listing
Mar 11, 2026
$1,295,000
$1,315,000
-2% Price Drop
Initial Listing
Feb 18, 2026
$1,315,000
$1,349,000
-3% Price Drop
Initial Listing
Feb 10, 2026
$1,349,000
$1,425,000
-5% Price Drop
Initial Listing
Jan 30, 2026
$1,425,000
$1,490,000
-4% Price Drop
Initial Listing
Jan 20, 2026
$1,490,000
Initial Listing
May 31, 2023
$665,000
Public Record