Harbor Gateway (122) Homes with Apartment Subtype

Harbor Gateway (122) Homes with Apartment Subtype

Welcome to Harbor Gateway, a vibrant neighborhood located in the heart of Torrance, California, within the bustling Los Angeles County. This charming area is known for its diverse community, rich history, and convenient access to some of Southern California's most beloved attractions. With a unique blend of suburban tranquility and urban amenities, Harbor Gateway offers a lifestyle that caters to everyone—from young professionals to families looking for a welcoming environment.

One of the standout features of Harbor Gateway is its array of homes, particularly those with an apartment subtype. These residences provide an excellent opportunity for those seeking a blend of comfort and convenience. Many of these homes are designed to accommodate modern living, featuring open floor plans, updated kitchens, and ample natural light. Whether you’re looking for a cozy one-bedroom apartment or a spacious multi-bedroom unit, Harbor Gateway has options that suit a variety of lifestyles and budgets.

Residents enjoy easy access to nearby parks, shopping centers, and dining options, making it an ideal location for those who appreciate both leisure and convenience. The neighborhood is also well-connected by public transportation, allowing for effortless commutes to downtown Los Angeles and beyond.

In Harbor Gateway, you’ll find more than just a place to live; you’ll discover a community that embraces diversity and fosters connections. With its appealing homes and inviting atmosphere, Harbor Gateway is truly a hidden gem in Torrance, ready to welcome you home. Explore the possibilities today and see why this neighborhood is the perfect fit for your next chapter!

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.