1340 255th St, Los Angeles, CA 90710
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1340 255th St, Los Angeles, CA 90710
1340 255th St, Los Angeles, CA 90710
1340 255th St, Los Angeles, CA 90710
1340 255th St, Los Angeles, CA 90710
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 1,295,000
Est. payment /mo
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1340 255th St Los Angeles, CA 90710

9 Beds

9 Baths

4,595 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,595 sqft

Price per Sqft $281

MLS Listing ID 26870473

Bedrooms 9

Year Built 1988

Lot Size 6,727 Sqft

Acres 0.1544

Property Sub-Type Multi-Family

Property Description

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.).

Location

State CA

County Los Angeles

Area Harbor City

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Fireplaces Type Living Room

Equipment Dishwasher, Hood Fan, Microwave, Freezer, Garbage Disposal, Refrigerator, Range/Oven

Exterior

Parking Features Assigned, Garage Is Attached, Garage Is Detached

Garage Spaces 4.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Probate Listing

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Avenue Realty Group

NEARBY SCHOOL & BUSINESS

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1340 255th St

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Anastasiya Richards

+1(510) 493-0442

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