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25130 Frampton Ave - Harbor Gateway Townhomes #1 6 Unit Apartment Building Offered at $4,804,188 CAD at a 5.74% Cap Rate Harbor City, CA 90710

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INVESTMENT HIGHLIGHTS

  • Beautiful New 2024 Construction 3-Bedroom Townhomes
  • 5.7% Cap Rate on Current Rents
  • Approved & Permitted for Two Additional 1-Bedroom ADUs (to Total 8 Units)
  • Average Unit Size 1,041 Square Feet
  • 2:1 Parking with Garages
  • Two Adjacent Six-Unit Parcels For Sale Together or Individually

EXECUTIVE SUMMARY

Morgan Skenderian is pleased to present the newly-built to condo specifications Harbor Gateway Townhomes #1. This 2024 construction gem showcases (6) beautiful 3-bedroom townhomes. Investors and tenants both will love the modern, high-end décor and amenities found throughout the exterior and interior of units.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $360,915 $57.80
Other Income - -
Vacancy Loss $7,218 $1.16
Effective Gross Income $353,697 $56.65
Taxes $58,557 $9.38
Operating Expenses $19,616 $3.14
Total Expenses $78,173 $12.52
Net Operating Income $275,524 $44.13

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $360,915
Annual Per SF $57.80
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $7,218
Annual Per SF $1.16
Effective Gross Income (CAD)
Annual $353,697
Annual Per SF $56.65
Taxes (CAD)
Annual $58,557
Annual Per SF $9.38
Operating Expenses (CAD)
Annual $19,616
Annual Per SF $3.14
Total Expenses (CAD)
Annual $78,173
Annual Per SF $12.52
Net Operating Income (CAD)
Annual $275,524
Annual Per SF $44.13

PROPERTY FACTS

Price $4,804,188 CAD
Price Per Unit $800,698 CAD
Sale Type Investment
Cap Rate 5.74%
Gross Rent Multiplier 13.31
No. Units 6
Property Type Multifamily
Lot Size 0.23 AC
Building Size 6,244 SF
No. Stories 2
Year Built 2024
Zoning LARD1.5

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Washer/Dryer
  • Island Kitchen
  • Vinyl Flooring

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2.5 3 $5,092 CAD 942
3+2.5 1 $5,412 CAD 1,017
3+2 1 $4,493 CAD 1,118
3+2 1 $4,894 CAD 1,283
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36320192

  • Date on Market: 2025-06-19

  • Last Updated:

  • Address: 25130 Frampton Ave, Harbor City, CA 90710

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