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 charming neighborhood is a delightful blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and anyone seeking a welcoming community.

Harbor Gateway is characterized by its diverse array of homes, including those with apartment subtypes that cater to various lifestyles and budgets. Whether you're looking for a cozy studio or a spacious multi-bedroom unit, the housing options here are as varied as the residents themselves. Many of these homes boast modern amenities, inviting layouts, and access to beautiful outdoor spaces, perfect for enjoying the California sunshine.

The region's prime location offers easy access to major freeways, making commuting a breeze while still providing a peaceful retreat from the hustle and bustle of city life. Residents can take advantage of nearby parks, shopping centers, and dining options, ensuring that everything you need is just a stone's throw away. The local schools are also highly regarded, adding to the appeal for families looking to settle down.

In addition to its convenient amenities, Harbor Gateway is known for its strong sense of community. Neighbors often come together for local events and activities, fostering lasting friendships and a supportive environment.

If you’re ready to explore the opportunities that Harbor Gateway has to offer, this thriving neighborhood is waiting to welcome you home. Discover the perfect apartment that suits your needs and immerse yourself in the vibrant lifestyle that Torrance has to offer!

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.