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25032 Frampton Avenue in Harbor City, CA, is a 10-unit apartment building offering significant value-add potential. Constructed in 1977, the property consists of nine 1-bedroom units and one 2-bedroom unit, totaling 7,440 square feet of gross building area on a 10,004-square-foot lot. Included in the offering is the adjacent "alley parcel," an additional 4,670 square feet utilized for tenant parking, bringing the total land area to 14,674 square feet. With current rents over 40% below market, this property offers an opportunity to achieve north of a 10% CAP rate upon unit turnover, making it an exceptional investment for those seeking value growth.
Property Type(s):
Single Family
| Last Updated | 1/17/2025 | Year Built | 1977 |
|---|---|---|---|
| Community | Harbor City | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Harbor City |
| CONSTRUCTION | Stucco |
| GARAGE | Carport, One Space |
| HEAT | Wall Furnace |
| LOT | 10004 sq ft |
| PARKING | Carport,One Space |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| STYLE | Traditional |
| VIEW DESCRIPTION | None |
| ZONING | LARD1.5 |
Location
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Listed with The CREM Group
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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