
Harbor City, California 90710
This Turnkey RTI Development Opportunity is a Prime Investment Opportunity listed at $959,900—positioned well below the $989,900 Fair Market Value by 3%. This valuation offers $30,000 in Instant Equity for an asset with a Condition Rating of 2. The property features a fully renovated duplex with quartz countertops and approved RTI plans for two additional 1,350 sqft units on a large R3 lot. Located near Harbor City Elementary, it is ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1647 257th Subject | $949,900* List Price | 0 | 0 | 1,644 | $602 | - |
A 25427 Belle Porte Active | $899,000 List Price | 3 | 2 | 1,360 | $661 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete recent renovation, featuring modern kitchens with white shaker cabinets, quartz countertops, and new stainless steel appliances. The interiors include updated flooring, recessed lighting, and contemporary bathroom fixtures. Although originally built in 1924, the extensive remodeling within the last 5 years brings all components up to current quality standards with no visible deferred maintenance.
The property is a rare RTI (Ready-to-Issue) opportunity with approved plans for two additional 1,350 sqft units on a large R3 lot, offering massive value-add potential.
The existing duplex has been completely renovated, allowing an investor to collect immediate rental income from modern units without the need for initial repairs.
Each unit is individually metered for gas and electricity and features separate entrances, reducing landlord overhead and improving tenant autonomy.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9003, other record lot size in square feet = 8908.
Originally built in 1924, the property may have underlying structural or systemic age-related characteristics that persist despite recent cosmetic renovations.
To achieve the property's highest and best use, the buyer must manage a significant construction project, which involves additional capital, time, and market risk.
RTI Development Opportunity - Completely renovated duplex on a huge R3 lot. Property with great potential to add two more units while collecting rent from fully remodeled units. RTI plans are approved for two additional (1,350 Sqft each) units in the back of the lot. Each unit is individually metered for gas & electricity, and each unit has its own separate entrance. Currently, Duplex with each unit 2 bedroom, 1 bath. All the plans/permits will be provided to buyer at the close of escrow.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 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 | 1,644 | 1,782 | 50% |
| Lot Size | 9,003 | 9,003 | 50% |
| Price | $949.9K | $925.0K | 50% |
| Price per sq ft | $578 | $523 | 50% |
| Built year | 1924 | 1940 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 105 | 50% |
Apr 14, 2026
$949,900
$959,900
-1% Price Drop
Initial Listing
Mar 13, 2026
$959,900
$989,900
-3% Price Drop
Initial Listing
Feb 27, 2026
$989,900
Initial Listing
Jun 23, 2016
$535,000
Public Record
Jun 26, 2007
$645,000
Public Record