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1651 251st
124 - Harbor City Harbor City 90710

$895,000
Residential Income built: 1963

Main Photo: 1651 251st in Harbor City: Residential Income for sale (124 - Harbor City) : MLS®# PW25272404
Photo 1: 1651 251st in Harbor City: Residential Income for sale (124 - Harbor City) : MLS®# PW25272404
Photo 2: 1651 251st in Harbor City: Residential Income for sale (124 - Harbor City) : MLS®# PW25272404
Photo 3: 1651 251st in Harbor City: Residential Income for sale (124 - Harbor City) : MLS®# PW25272404
Photo 4: 1651 251st in Harbor City: Residential Income for sale (124 - Harbor City) : MLS®# PW25272404
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
PW25272404
Year Built:
1963
This offering presents an excellent opportunity to acquire a three-bed/two-bath home and a two-bed/one-bath home on one lot. The homes feature laundry hookups, patios, and separate gas and electric meters. Additionally, a detached building in the rear offers three garage parking spaces. This property’s detached, single-story floor plans and laundry and garage amenities are sought-after in this rental market. 1651 251st Street is located on the border of Harbor City and Lomita in the desirable inland South Bay. Situated near the intersection of Lomita Boulevard and Western Avenue, the property is proximate to schools, retail, and the 110 Freeway. The property is occupied by long-term tenants, and current rents are 27 percent below market, offering a new investor significant upside potential.
Property Sub Type:
Duplex
Property Attached:
No
Lot Area:
5,956 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1963 (Age: 62)
General Listing Location:
Harbor City, 124 - Harbor City
County Or Parish:
Los Angeles
Common Interest:
None
Gross Income:
$49,176
Gross Scheduled Income:
$49,176
Net Operating Income:
$28,640
Cap Rate %:
3.2
Rent Control:
Yes
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Insurance Expense:
$0
Operating Expense:
$20,536
Trash Expense:
$0
Water and Sewer Expense:
$0
Tax Lot:
18
Tax Block:
7
south of Lomita east of Western
Number of Buildings:
2
# of Electric Meters:
2
# of Gas Meters:
2
# of Water Meters:
0
Community Features:
Suburban
Senior Community:
No
Laundry Features:
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Pool Features:
None
Private Pool:
No
Lot Features:
Rectangular Lot
Num Stories:
1
Entry Level:
1
Entry Location:
1
New Constr.:
No
Common Walls:
No Common Walls
# Units:
2
Water supply:
Public
Sewer:
Public Sewer
Garage Spaces:
3
Total Parking Spaces:
3
Special Listing Conditions:
Standard
Parcel Number:
7410018023
  • Photo 1: 1651 251st in Harbor City: Residential Income for sale (124 - Harbor City) : MLS®# PW25272404
    Photo 1 of 4
  • Photo 2: 1651 251st in Harbor City: Residential Income for sale (124 - Harbor City) : MLS®# PW25272404
    Photo 2 of 4
  • Photo 3: 1651 251st in Harbor City: Residential Income for sale (124 - Harbor City) : MLS®# PW25272404
    Photo 3 of 4
  • Photo 4: 1651 251st in Harbor City: Residential Income for sale (124 - Harbor City) : MLS®# PW25272404
    Photo 4 of 4
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Listed by Steven M. Bogoyevac, Broker
Data was last updated December 10, 2025 at 08:40 PM (UTC)
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Based on information from California Regional Multiple Listing Service, Inc. as of December 10, 2025 at 08:40 PM (UTC) and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.