Active Under Contract

1340 255th Street

Los Angeles, CA 90710
Mark as Favorite
Bed 9

Bed

Bath 9

Bath

SqFt4,595

Sqft

SqFt6,727

Sqft(Lot)

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.).

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,295,000

AD Id : 89392560

MLS Id : 26870473

Beds : 9

Lot Size : 6,727 Sqft

Living Area Size : 4,595

Year Built : 1988

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 9
  • Interior Features

    Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1988
    Building Area Total: 4595
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 50x137 Main Square Feet: 6727 Lot Size Acres: 0.1544 Lot Size Square Feet: 6,727

  • Listing Price Information

    Listing Price: $1295000

  • Tax Information

    Parcel Number: 7410028038

  • Location Information

    Direction: North of PCH, West of Normandie, South of Lomita, East of Western
Sell a home like this and save $77,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/12/2026 @ 13:37

MLS: 26870473 LISTED BY: Jonathan Rawson, Avenue Realty Group 310-433-4293 SOURCE: CRMLS

Selling? Save $77,201 when you sell a home like this

Tour with a ByOwner Agent