1523 259th St - Manufactured Housing/Mobile Housing FOR SALE


Harbor City, CA 90710
$1,600,000 USD
626-664-1341
1523 259th St, Harbor City, CA for Sale
$1,600,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/22
null | Request Cap Rate

1523 259th St
Harbor City, CA 90710


HIGHLIGHTS

  • 17 total units: 16 MH spaces + 1 apartment
  • 100% occupied
  • Direct billing: electricity & gas paid directly by tenants
  • Utility reimbursements / pass-throughs for water/trash/sewer
  • City water & sewer
  • 100% occupied

OVERVIEW

Martinez & Associates, Inc. is pleased to present Arrow Mobile Home Park, a stabilized 17-space mobile home park investment opportunity located at 1523 West 259th Street, Harbor City, CA 90710. The property consists of 16 mobile home spaces and 1 apartment unit, is 100% occupied, and is situated on approximately 0.50 acres within the highly desirable Los Angeles South Bay submarket. Arrow Mobile Home Park benefits from a strong operating structure with significant expense pass-throughs and direct billing utilities. Electricity and gas are billed directly to tenants by the utility providers, while water is sub-metered and paid by tenants, and trash and sewer are passed through to tenants as well. The property is serviced by municipal city water and sewer, supporting long-term operational efficiency and reduced maintenance complexity. The offering is positioned to deliver investors a reliable, in-place income stream with long-term upside in one of Southern California’s most supply-constrained housing sectors. The park is an all-age community and benefits from proximity to major freeways, transit routes, employment centers, and coastal demand drivers—located approximately 5 miles from the Long Beach coastline and roughly 8 miles from Redondo Beach.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$1,368 USD /SF

# OF UNITS

17

PRICE/UNIT

$94,118

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,041 SF

ZONING

LAMR1

APN/PARCEL ID

7411-007-047

ASK ABOUT THIS PROPERTY

Victor MartinezVictor Martinez And AssociatesMore Info
626-664-1341

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Victor MartinezVictor Martinez And AssociatesMore Info
626-664-1341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.