Harbor Gateway (122) Homes with Apartment Subtype

Harbor Gateway (122) Homes with Apartment Subtype

Welcome to Harbor Gateway, a hidden gem nestled in the vibrant city of Torrance, California. This dynamic region, part of Los Angeles County, offers a unique blend of suburban charm and urban convenience, making it an ideal destination for those seeking a balanced lifestyle.

Harbor Gateway is characterized by its diverse community, with a rich tapestry of cultures and backgrounds that contribute to its welcoming atmosphere. Residents enjoy easy access to a variety of amenities, including parks, shopping centers, and local eateries, ensuring that everything you need is just a stone's throw away. The area is well-connected by major thoroughfares, making commuting to downtown Los Angeles or nearby beaches a breeze.

When it comes to housing, Harbor Gateway stands out with its appealing homes featuring apartment subtypes. These properties offer an excellent opportunity for both first-time buyers and seasoned investors. With spacious layouts and modern amenities, these homes are designed to cater to a variety of lifestyles. Whether you’re looking for a cozy apartment to call your own or a multi-family investment opportunity, you’ll find a range of options that suit your needs.

Moreover, the community is known for its strong sense of belonging, with numerous events and activities that bring neighbors together. From farmers' markets to local festivals, there’s always something happening in Harbor Gateway.

Discover the charm and convenience of Harbor Gateway, where your dream home awaits in the heart of Torrance. Experience the perfect blend of community, culture, and comfort in this thriving Los Angeles neighborhood!

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

Start Your Search

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.