1633 259th Street is a professionally managed 8-unit apartment building under single family ownership since 1977, situated on a 10,002 sf lot in Harbor City's sought-after industrial-residential corridor. The two-story, wood-frame building offers 5,545 square feet of livingspace across six 1-bedroom/1-bath units, one 2-bedroom/1-bath, and one 3-bedroom/1-bath, averaging 693 square feet per unit. Select units have been improved with updated kitchens, renovated bathrooms, and modern flooring. Critically, with a Certificate of Occupancy issued in 1980, the property is exempt from the Los Angeles Rent Stabilization Ordinance allowing incoming ownership to execute rent growth of up to 8% annually under AB 1482.