34 UNIT MOBILE HOME PARK + GROCERY MARKET | TORRANCE
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34-Unit Mobile Home Park with Grocery Market | Strong Cash Flow & Redevelopment Potential

Realty Investment Advisors is pleased to present 20340 Harvard Blvd, a rare opportunity to acquire a stabilized, cash-flowing 34-unit mobile home park with an additional 1,750 SF grocery market. Strategically located in Torrance PO within the City of Los Angeles, the property is well-positioned to deliver both immediate returns and long-term growth.

Currently generating a 6.65% CAP rate on in-place income, the property provides strong existing cash flow, with significant upside potential through rent growth and repositioning. A pro forma 9.07% CAP rate and 7.74 GRM highlight the investment’s scalability and attractive returns once optimized.

The community is comprised of 34 mobile home spaces, of which 3 are park-owned, providing additional income security and operational flexibility. The asset sits on a sprawling 80,548 SF lot (nearly 2 acres) zoned RD1.5, offering substantial future redevelopment potential in one of the South Bay’s most desirable rental submarkets. With 100 total parking spaces—including 2 assigned spaces per mobile home plus 32 open spaces—the property is well-designed to accommodate residents and guests alike.

Additional on-site amenities include a laundry room for resident convenience and the grocery market, which provides extra income and enhances the community environment.

Highlights:

• 34-unit mobile home park with 1,750 SF grocery market
• 3 park-owned mobile homes included in rent roll
• Strong in-place cash flow: 6.65% CAP rate on current income
• Pro forma 9.07% CAP rate / 7.74 GRM
• Large 80,548 SF lot (nearly 2 acres) with RD1.5 zoning
• 100 parking spaces: 2 assigned per mobile home + 32 open spaces
• On-site laundry room and additional retail income