1340 255th Street, Harbor City, CA 90710
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1340 255th Street,Los Angeles, CA 90710
$1,295,000
- 9 Beds
- - Baths
- 4,595 sq. ft.
- Multi-family
- Active
Listed by: jonathan rawson, seidahl hakimi
Office: avenue realty group
MLS#:CL26870473
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,295,000
- Price per sq. ft.:$281.83
About this home
Rare opportunity to purchase a 1988 construction 4plex that will be delivered 100% VACANT! Enjoy the endless opportunities of either a family living in 1 or 2 units and renting the other 2 or 3 for passive income or rent all 4 units at market and generate substantial cash flow at a 6.81% cap rate when fully leased. The property is NOT subject to LA City Rent Control (RSO), and features a lucrative and top-heavy unit mix of (1) 3 Bed/2.5 Bath & (3) 2 Bed/2 Bath units with large open floor plans with great sized bedrooms and bathrooms, including fireplaces in the living room. All units have large & reserved garage parking in the back accessed by the driveway, and garages have storage units inside. A brand-new roof was installed in 2023, a new master water heater, and recent plumbing repairs. Great location for any family and tenants as it is just a few blocks away and less than 1 mile from Kaiser Permanente South Bay, Ken Malloy Harbor Regional Park / Machado Lake, and Harbor Park Golf Course, and less than 2 miles away from LA Harbor City College, and just 2 miles away from Rolling Hills Plaza that includes major retailers and institutions (Trader Joes, Costco, Smart & Final, Dim SUM, AMC & IMAX Theatres, CPK, Mendocino Farms, 24 Hour Fitness, Skechers, Nike Factory, etc.)....
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Home facts
- Year built:1988
- Listing ID #:CL26870473
- Added:1 day(s) ago
- Updated:August 13, 2026 at 02:33 PM
Rooms and interior
- Bedrooms:9
- Living area:4,595 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1988
- Building area:4,595 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$281.83
Parking
- Parking description:Assigned
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