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  • 1503 257Th

1503 257th, Harbor City, CA 90710

$1,149,000 Approx. USD 0 beds, 0 baths
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Photo of Steff Boardman

Steff Boardman REALTOR® - Sales Associate 818-425-0422 m
818-528-3200 o
Lic#: 01298709
NRDS ID: 207012459
steff4homes@aol.com Text Me
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Lic#: 01298709
NRDS ID: 207012459
steff4homes@aol.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Listing Agent


Joshua Hammond | josh.hammond@compass.com
Lic#: 01815056
Broker: Courtesy of Compass
Phone: 424-903-9319

Agent Remarks

This fully occupied 4-unit quadruplex at 1503 W 257th St offers one of the most compelling value-add stories on the market today — with rents significantly below market rate, the path to a 7% CAP rate is already mapped out for you. Major updates in 2020: Full remodel of front house, exterior paint and termite clerance/tenting. The property currently generates $5,543/month in gross rents, but make no mistake — that number tells only half the story. With units priced well under prevailing market rents in the Harbor City area, a savvy buyer has immediate runway to close the gap and dramatically boost NOI. Bring rents to market and this property performs at a 7% CAP rate — exceptional for the Los Angeles South Bay market. Spanning 3,551 sq ft across 9 bedrooms and 4 bathrooms on a corner lot, this well-maintained quadruplex offers the scale to move the needle. Four garage spaces add a premium amenity that commands top-of-market rents and reduces vacancy. In-unit laundry hookups in each unit further strengthen the rental appeal. Harbor City's fundamentals back up the upside. A Walk Score of 87 means tenants aren't going anywhere — strong walkability drives demand, limits vacancy, and supports rent growth over time. With schools, shopping, and transit all nearby, this location consistently attracts quality, long-term renters.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# SB26139825
Price: $1,149,000
Beds: 0
Baths: 0
Built in 1951
0.15 acres
Lot size: 0.1540
County: Los Angeles
Lot description: Corner Lot
MLS area: 124 - Harbor City

Last Updated: 6/27/2026

 Days On Market (DOM): 54

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This listing belongs to the 124 - Harbor City MLS area

Lat/Long: 33.790754, -118.302887.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Steff Boardman

Steff Boardman REALTOR® - Sales Associate 818-425-0422 m
818-528-3200 o
Lic#: 01298709
NRDS ID: 207012459
steff4homes@aol.com Text Me
Call My Cell
Call My Office
Lic#: 01298709
NRDS ID: 207012459
steff4homes@aol.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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