1651 251st
Harbor City, CA, 90710
$850,000
MLS: PW26078937
Beds
5
Baths
3
Sq Ft
1,880
Lot
0.14 ac
Year Built
1963
MLS #
PW26078937
Days on Market
4
Listed
Apr 13, 2026
Description
Excellent entry level investment opportunity - property consists of two detached homes on one lot. Live in one home and subsidize the mortgage utilizing rental income from the other. One home is a 3BD/2BA and the other is a 2BD/1BA. Both homes feature laundry hookups, patios, and separate gas and electric meters. Additionally, a detached building in the rear offers three garage parking spaces. This property’s detached, single-story floor plans and laundry and garage amenities are sought-after in this rental market. 1651 251st Street is located on the border of Harbor City and Lomita in the desirable inland South Bay. Situated near the intersection of Lomita Boulevard and Western Avenue, the property is proximate to schools, retail, and the 110 Freeway. Cross-posted as residential income, listing ID PW25272404
Location
Harbor City, Los Angeles County, CA 90710
Open on Google Maps ↗Listed by: Steven Bogoyevac · Steven M. Bogoyevac, Broker
Payment estimate
$6,204
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000
- Principal & Interest
- $4,700
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Harbor City home with as little as 3.5% down using an FHA loan — roughly $29,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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