Property details
Propery Type:
Apartments
Address:
1615 W Lomita Blvd Harbor City, CA 90710
Offering Price:
$2,475,000
Units:
14
Cap Rate:
5.25%
Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us
Investment Highlights

The Weir Group is pleased to present our newest exclusive offering at 1615 W Lomita Blvd, a value-add multifamily opportunity in Harbor City. Hitting the market for the first time in 44 years, this property offers investors an exceptional combination of low basis on both price-per-unit and price-per-foot, with significant room to unlock upside. The asset features a diverse unit mix of studios, 1-bedrooms, 2-bedrooms, and 3-bedrooms, catering to a wide tenant demographic. With an estimated 60% upside in rents, this property is ideal for investors seeking to reposition a well-located building with strong fundamentals and long-term appreciation potential. Don’t miss this rare chance to acquire a stabilized asset with built-in value and upside. For more information, please reach out.

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Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us

1615 W Lomita Blvd

Harbor City, CA
90710
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