1651 251st, Harbor City, California 90710, Harbor City, 90710 - 0 bed, 0 bath
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Harbor City, California 90710
This Dual-Unit Income Property is a High-Potential Investment Opportunity, listed at $850,000, which aligns with its $850,000 Fair Market Value. The asset features two detached residences—a 3-bed/2-bath and a 2-bed/1-bath—on a single lot with a Condition Rating of 4. Key amenities include separate utility meters, private patios, and a detached three-car garage. With current rents 27% below market, the property offers significant rental upside near Harbor City Elementary. This versatile setup is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1651 251st Subject | $850,000* List Price | 0 | 0 | 1,880 | $452 | - |
A 25531 Frampton Sold | $900,000 | 0 | 0 | 1,920 | $469 | 0.5 mi |
B 1651 251st Active | $850,000 List Price | 5 | 3 | 1,880 | $452 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property shows signs of age consistent with the 'fair' category. While the exterior and grounds appear maintained through regular upkeep, the presence of window AC units, cracked concrete walkways, and older stucco indicates a lack of recent major renovations. The listing's mention of long-term tenants and 'significant upside potential' strongly suggests that the kitchens and bathrooms are outdated and have not been modernized in several decades.
The property features two detached homes (a 3-bed/2-bath and a 2-bed/1-bath) on a single lot, providing an ideal setup for owner-users or multi-generational living.
With current rents approximately 27% below market value, investors have a clear opportunity to increase cash flow and property value through lease adjustments.
Rare features for this market include a detached three-car garage, private patios, and separate utility meters, which significantly enhance tenant retention and desirability.
Having been on the market for over 130 days with a recent price reduction, the property may face perception challenges regarding its initial valuation or underlying condition.
The presence of long-term tenants at below-market rates may complicate immediate renovations or owner-occupancy plans depending on local housing regulations.
*Great Owner-User Opportunity. See agent remarks.* This offering presents an excellent opportunity to acquire a three-bed/two-bath home and a two-bed/one-bath home on one lot. The homes feature laundry hookups, patios, and separate gas and electric meters. Additionally, a detached building in the rear offers three garage parking spaces. This property’s detached, single-story floor plans and laundry and garage amenities are sought-after in this rental market. 1651 251st Street is located on the border of Harbor City and Lomita in the desirable inland South Bay. Situated near the intersection of Lomita Boulevard and Western Avenue, the property is proximate to schools, retail, and the 110 Freeway. The property is occupied by long-term tenants, and current rents are 27 percent below market, offering a new investor significant upside potential.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 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 | 1,880 | 1,900 | 50% |
| Lot Size | 5,956 | 7,479.5 | 50% |
| Price | $850.0K | $875.0K | 50% |
| Price per sq ft | $452 | $460 | 50% |
| Built year | 1963 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 135 | 145 | 50% |
Apr 8, 2026
$850,000
$895,000
-5% Price Drop
Initial Listing
Dec 8, 2025
$895,000
Initial Listing
Oct 15, 2014
$445,000
Public Record
Dec 19, 2013
$385,000
Public Record
Sep 7, 2007
$650,000
Public Record