1643 260th Street

Harbor City, CA 90710

$1,099,000
Price
4
Beds
4
Baths
2,152 Sq. Ft.
$511 / Sq. Ft.
2,152
Sq. Ft.
$511
per Sq. Ft.

Description

1643 260th St is a great opportunity for an owner/user to live in one unit and have the other 3 units help pay for the mortgage, or just as a well thought out, fully remodeled 4 unit investment property located on a quiet, dead-end street. Potentially delivered fully vacant, the property is a duplex with an ADU and Jr. ADU (permits for both in progress). Each unit has received new luxury vinyl plank floors, countertops and shaker cabinets, appliances, dual pane windows, and mini-splits for heat and...1643 260th St is a great opportunity for an owner/user to live in one unit and have the other 3 units help pay for the mortgage, or just as a well thought out, fully remodeled 4 unit investment property located on a quiet, dead-end street. Potentially delivered fully vacant, the property is a duplex with an ADU and Jr. ADU (permits for both in progress). Each unit has received new luxury vinyl plank floors, countertops and shaker cabinets, appliances, dual pane windows, and mini-splits for heat and AC. Off-street parking for 4 vehicles, a private outdoor area in the back of the parcel, and new landscaping complete the property. This charming building will be a great starter building or addition to an investor's portfolio.
  1. Listed by Daniel Shieh • DRE #01978847 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 1643 260th Street

Zoning
LAR1
Parcel Number
7411001013
Total Units
4.0
Living Area
2152
Source Living Area
Estimated
Area
Harbor City (124)
Vacancy Rate
3
Lot Size Area
5502

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Daniel Shieh, DRE #01978847
Add your commute
LISTING UPDATED: 03/15/2024 04:11 PM

Property Details for 1643 260th Street

StatusActive
MLS #24-361927
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.13 AC / 5,502 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Daniel Shieh, DRE #01978847
Add your commute

Building Information for 1643 260th Street

Stories1Residences-Year Built1921Building Size-Lot Size0.13 AC / 5,502 SF

Payment Calculator

$6,682 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$684

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1643 260th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 1 beds
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $81,361
  • Net Operating Income: $55,432.00
  • Gross Income: $83,880
  • Cap Rate: 5.10%
  • Gross Rent Multiplier: $13.05
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 25932
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1263
  • Lot Size Square Feet: 5502
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 4
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Gas Or Electric Dryer Hookup
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-27-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,995.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,995.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,550.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,450.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $191,867.00
  • Assessed Improvement Percent: 29.86
  • Assessed Land Value: $450,711.00
  • Assessed Land Percent: 70.14
  • Assessed Total Value: $642,578.00

Property History for 1643 260th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1643 260th Street

Taxable ValueLand$450,711Additions$192,067Total$642,778
Tax Record2023$8,213 ($684 / month)
Home Facts
Total Finished SqFt1,452 SqFtAbove Grade Finished SqFt1,452 SqFtLot Size5,500 SqFtStyleDuplexYear Built1921ZoningLAR1CountyLOS ANGELESAPN7411-001-013

Schools near 1643 260th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Eshelman Avenue Elementary School
PublicK to 5

Nathaniel Narbonne Senior High School
Public9 to 12

George S. Patton Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1643 260th Street is a multi-family home for sale in Harbor City, CA 90710. This property was listed for sale on February 27, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,099,000. It has been on the market for a total of 60 days and was last sold on September 13, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Eshelman Avenue Elementary School, William J. Johnston Community Day School and Nathaniel Narbonne Senior High School. 1643 260th Street is a 4-bed, 4-bath, 2,152 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Daniel Shieh, DRE #01978847

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.