Harbor Gateway (122) Homes with Apartment Subtype

Harbor Gateway (122) Homes with Apartment Subtype

Welcome to Harbor Gateway, a vibrant community nestled in the heart of Torrance, California, within the sprawling Los Angeles County. This charming neighborhood is known for its unique blend of urban conveniences and suburban tranquility, making it an ideal location for families, professionals, and anyone seeking a dynamic lifestyle.

Harbor Gateway boasts a rich tapestry of culture and community, with easy access to a variety of amenities. From local parks and recreational facilities to shopping centers and dining options, residents enjoy a well-rounded lifestyle that caters to all ages. The area is well-connected, with major highways and public transportation options that make commuting a breeze, allowing you to explore the greater Los Angeles area with ease.

One of the standout features of Harbor Gateway is its diverse housing options, particularly homes with apartment subtypes. These residences offer the perfect blend of space and flexibility, catering to a range of living arrangements. Whether you’re looking for a cozy unit for yourself or a multi-family setup for investment opportunities, the homes in this area are designed to meet your needs. Many of these properties come equipped with modern amenities and are situated in family-friendly neighborhoods, making them an attractive option for both first-time buyers and seasoned investors.

With its welcoming atmosphere, convenient location, and diverse housing options, Harbor Gateway is more than just a place to live; it’s a community where you can thrive. Come discover the charm and potential of this hidden gem in Torrance, and find your dream home today!

Newest Harbor Gateway (122) Homes with Apartment Subtype

$3,120,000
OC26175414 MLS Active Status
The Mogharebi Group is pleased to present the opportunity to acquire a 16-unit apartment community located at 720 North Wilmington Boulevard in the City of Wilmington, California. Situated on a 13,398 square foot lot, the property consists of two two-story residential buildings totaling approximately 10,488 square feet and features an attractive unit mix of sixteen two-bedroom, one-bathroom apartments. The Current capitalization rate is 5.10% at asking price and the Market capitalization rate exceeds 8%. The property offers investors the opportunity to acquire a well-located workforce housing asset in one of Los Angeles County's strongest rental markets. All units are individually metered for gas and electricity, significantly reducing owner operating expenses, while tenants benefit from convenient on-site parking and landscaped courtyard areas. Every apartment is a desirable two-bedroom floor plan featuring vinyl flooring and carpet in the living areas, Formica countertops, gas wall heating, range/oven, refrigerator, hood fan, and garbage disposal. The property includes sixteen surface parking spaces, central gas water heating, and attractive landscaped common areas. Located just minutes from the Port of Los Angeles, Interstate 110, SR-47, and numerous major employment centers throughout the South Bay and Harbor region, the property benefits from consistent tenant demand driven by port-related employment, logistics, manufacturing, healthcare, and transportation industries. The central location also provides convenient access to Downtown Long Beach, San Pedro, Carson, and Torrance. l. Investment Highlights • 16 spacious two-bedroom, one-bathroom apartment homes • Two-story apartment community on approximately 13,398 SF lot • Approximately 10,488 rentable square feet • RUBS in place • Individually metered for gas and electricity • Sixteen on-site surface parking spaces • Landscaped courtyard setting • Strong workforce housing location serving the Port of Los Angeles and South Bay employment centers • Opportunity to increase income through unit upgrades and professional management • Excellent long-term hold in a high-demand Los Angeles County rental market

724 N Wilmington, Wilmington

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.