1503 257th, Harbor City, CA 90710
Local realty services provided by:ERA North Orange County Real Estate
1503 257th,Harbor City, CA 90710
$1,149,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: joshua hammond
Office: compass
MLS#:SB26139825
Source:MLSListings
Price summary
- Price:$1,149,000
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 hookups in each unit further strengthen the rental appeal. Harbor City's fundamentals back up the upside. A Walk Score of 87 means tenants aren't going anywhere — strong walkability drives demand, limits vacancy, and supports rent growth over time. With schools, shopping, and transit all nearby, this locati...
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Home facts
- Year built:1951
- Listing ID #:SB26139825
- Added:47 day(s) ago
- Updated:August 14, 2026 at 04:40 PM
Structure and exterior
- Year built:1951
- Lot area:0.15 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,149,000
Features and amenities
- Laundry features:Gas Hook-up, In Kitchen
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