1665 259th Place

Harbor City, CA 90710

$799,000
Price
4
Beds
2
Baths
1,477 Sq. Ft.
$541 / Sq. Ft.
1,477
Sq. Ft.
$541
per Sq. Ft.

Description

Presenting a charming duplex in a prime location featuring two spacious 2-bedroom, 1-bathroom units, ideal for both homeowners and investors. These well-maintained units boast solid construction, including hardwood oak floors (currently under carpet), plaster walls, and durable copper plumbing. Each unit includes a large patio area and a grassy backyard with sprinklers, perfect for relaxing and outdoor activities. Both units come with their own laundry facilities, adding convenience for tenants....Presenting a charming duplex in a prime location featuring two spacious 2-bedroom, 1-bathroom units, ideal for both homeowners and investors. These well-maintained units boast solid construction, including hardwood oak floors (currently under carpet), plaster walls, and durable copper plumbing. Each unit includes a large patio area and a grassy backyard with sprinklers, perfect for relaxing and outdoor activities. Both units come with their own laundry facilities, adding convenience for tenants. Each unit has a single-car garage plus an additional parking space in front of the garage. Both tenants are long-term tenants LA rent control. The potential for appreciation is significant, as single-family homes in the area are selling for ~$1M and more. Situated just four blocks from Harbor & Lomita Pines. You'll enjoy quick access to major freeways, as well as proximity to schools, shopping, and restaurants. Plus, you're just a 15-minute drive from the beautiful Torrance beaches.
  1. Listed by Erik Lim • DRE #02141592 • Brokerage DRE #01834648 • Hollywood Estates
  2. Listed by Kitty Lim • DRE #01275361 • Home Team Realty

Property Details for 1665 259th Place

Zoning
LAR1
Parcel Number
7411003041
Total Units
2.0
Living Area
1477
Source Living Area
Vendor Enhanced
Area
Harbor City (124)
Vacancy Rate
0
Lot Size Area
5001
LISTING UPDATED: 10/14/2024 10:00 AM

Property Details for 1665 259th Place

StatusActive
MLS #24-403767
Days on Market191
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.11 AC / 5,001 SF
CountyLos Angeles County

Building Information for 1665 259th Place

Stories1Residences-Year Built1955Building Size-Lot Size0.11 AC / 5,001 SF

Property Information for 1665 259th Place

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: Owner Has R.E. License, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $25,200
  • Net Operating Income: $18,144.00
  • Gross Income: $25,200
  • Gross Rent Multiplier: $31.70
  • Total Annual Expense: 7056
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1148
  • Lot Size Square Feet: 5001
Parking Details
Parking Details
  • Parking Garage: Garage Is Attached
  • Total Parking: 0
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Freezer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-13-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,048.00
  • Unit Actual Rent: $1,048.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,037.00
  • Unit Actual Rent: $1,037.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $158,577.00
  • Assessed Improvement Percent: 32.58
  • Assessed Land Value: $328,093.00
  • Assessed Land Percent: 67.42
  • Assessed Total Value: $486,670.00

Property History for 1665 259th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1665 259th Place

Taxable ValueLand$334,654Additions$161,748Total$496,402
Tax Record2024$6,477 ($540 / month)
Home Facts
Total Finished SqFt1,477 SqFtAbove Grade Finished SqFt1,477 SqFtLot Size5,001 SqFtStyleDuplexYear Built1955ZoningLAR1CountyLOS ANGELESAPN7411-003-041

Schools near 1665 259th Place

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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1665 259th Place is a multi-family home for sale in Harbor City, CA 90710. This property was listed for sale on June 13, 2024 by Hollywood Estates, it's currently listed at $799,000. It has been on the market for a total of 191 days and was last sold on December 22, 2017. 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. 1665 259th Place is a 4-bed, 2-bath, 1,477 sqft multi-family home built in 1955.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hollywood Estates, Erik Lim, DRE #02141592; Home Team Realty, Kitty Lim, DRE #01275361

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.