1345 252nd Street, Harbor City, California 90710, Harbor City, 90710 - bed, bath

1345 252nd Street, Harbor City, California 90710 home-pic-0
ACTIVE$1,100,000
1345 252nd Street, Harbor City, California 90710
0Bed
0Bath
2,970Sqft
7,606Lot
Year Built
1965
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$370
HOA
-
Days on market
-
Sold On
-
MLS number
SB25075087
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(50th), sqft - 2970(50th), beds - undefined(50th), baths - undefined(50th).

Rare South Bay Investment Opportunity – Huge Lot with Major Upside Unlock the full potential of this rare 4-unit income property located on a massive lot in a prime South Bay location. With LA1.5 zoning and a proven neighborhood precedent for higher-density development, this is an exceptional opportunity for investors, developers, or savvy owner-users. Each of the four existing units features 2 bedrooms, private laundry hookups, and a functional layout ideal for steady rental income or future repositioning. What truly sets this property apart is the redevelopment potential—the lot next door to the west has 9 units, the one just beyond that boasts 12 units, and a 5-unit townhouse development sits two doors down (all with the same lot size). The possibilities here are substantial for anyone looking to maximize density and value. Centrally located with easy access to the freeway, local beaches, a nearby hospital, and walking distance to the park, the location offers strong appeal for tenants and future buyers alike. Whether you're buying and holding, house hacking, or planning a ground-up development, this property offers the size, zoning, and surrounding comps to support a serious upside. Opportunities like this don’t come around often—seize it while you can.

Nearby schools

6/10
Harbor City Elementary School
Public,K-50.2mi
4/10
Normont Elementary School
Public,K-50.5mi
5/10
President Avenue Elementary School
Public,K-60.6mi
6/10
Eshelman Avenue Elementary School
Public,K-51.0mi
7/10
Lomita Math/Science/Technology Magnet School
Public,K-51.2mi
6/10
John Adams Elementary School
Public,K-51.5mi
6/10
Gulf Avenue Elementary School
Public,K-51.8mi
4/10
Hawaiian Avenue Elementary School
Public,K-52.0mi
5/10
Meyler Street Elementary School
Public,K-52.0mi
4/10
Broad Avenue Elementary School
Public,K-52.2mi
6/10
Alexander Fleming Middle School
Public,6-80.7mi
5/10
Wilmington Middle School
Public,6-81.5mi
5/10
J. H. Hull Middle School
Public,6-81.7mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,6-82.3mi
5/10
Nathaniel Narbonne Senior High School
Public,9-120.7mi
3/10
Shery (Kurt T.) High (Continuation) School
Public,9-122.3mi
5/10
Phineas Banning Senior High School
Public,9-122.3mi
8/10
Torrance High School
Public,9-122.7mi
Condition Rating
Poor

Built in 1965, the property's interior, particularly the kitchen and bathroom, appears significantly dated. The kitchen features old dark wood cabinets, older white appliances, and dated linoleum flooring. The bathroom has a basic vanity, older tile, and matching dated linoleum. While described as 'functional' for rental income, the units show considerable wear and tear and are aesthetically obsolete, requiring substantial updates and rehabilitation to meet modern standards. The 'Aging Infrastructure' noted in the property analysis further supports this assessment.
Pros & Cons

Pros

High-Density Redevelopment Potential: The property boasts LA1.5 zoning on a massive 7,606 sqft lot, with strong neighborhood precedents for higher-density development (9, 12, and 5 units on similar adjacent lots), indicating significant upside for future expansion.
Immediate Income Generation: As an existing 4-unit quadruplex, the property provides immediate rental income, with each unit featuring 2 bedrooms and private laundry hookups, making them attractive to tenants.
Strategic South Bay Location: Centrally located with excellent access to freeways, local beaches, a nearby hospital, and walking distance to a park, enhancing tenant desirability and long-term property value.
Versatile Investment Profile: The property caters to diverse investment strategies, including buy-and-hold, house hacking, or ground-up development, appealing to a broad range of investors.
Functional Unit Layouts: Each of the four existing 2-bedroom units offers a functional layout and private laundry hookups, contributing to steady rental income and tenant satisfaction.

Cons

Aging Infrastructure: Built in 1965, the existing structures are nearly 60 years old, likely requiring significant capital expenditure for deferred maintenance, system upgrades, or demolition for redevelopment.
Unspecified Current Unit Condition: The listing emphasizes future potential but lacks details on the current condition or recent renovations of the existing units, suggesting they may be dated and require immediate investment for modernization.
Substantial Redevelopment Capital Required: While offering significant upside, realizing the full redevelopment potential will necessitate considerable upfront capital for planning, permits, demolition, and new construction, making it a non-turnkey project.

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