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.
Days on market: 101
Listing updated: April 26, 2025 - 12:26:04
Listed by: Mark Cianciulli DRE #01990266 323-347-1009, The CREM Group - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-X81875 Originating MLS: CRMLS
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