1340 255th Street, Harbor City, CA 90710

Harbor City
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1340 255th Street,Los Angeles, CA 90710
$1,295,000
  • 9 Beds
  • 9 Baths
  • 4,595 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan rawson, seidahl hakimi
Office: avenue realty group310-433-4293
MLS#:26870473
Source:CRMLS

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...

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Home facts

  • Year built:1988
  • Listing ID #:26870473
  • Added:58 day(s) ago
  • Updated:October 08, 2026 at 11:26 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:9
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Living area:4,595 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1988
  • Building area:4,595 sq. ft.
  • Lot area:0.15 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$281.83

Features and amenities

  • Appliances:Dishwasher, Disposal

Parking

  • Total parking spaces:4
  • Parking description:Assigned
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