714-745-2708

1340 255th Street, Los Angeles, CA 90710

$1,295,000 Approx. USD 9 beds, 9 baths
4,595 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Jonathan Rawson | jon@avenuerg.com
Lic#: 02010400
Broker: Courtesy of Avenue Realty Group
Phone: 310-869-9137

Co Listing Agent

Seidahl Hakimi | seidahl@avenuerg.com
Lic#: 02038878
Broker: Courtesy of Avenue Realty Group
Phone: 310-433-4293

Agent Remarks

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.).

Listing Details

Trust & Probate

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 26870473

Price: $1,295,000

Beds: 9

Baths: 9

Living Room fireplaces

Built in 1988

4,595 sqft

2 stories

0.15 acres

Lot size: 0.1544

County: Los Angeles

Zoning: LARD1.5

Appliances: Dishwasher,Disposal,Microwave,Refrigerator

Parking description: Assigned

Heating/cooling: None

Heating description: Wall Furnace

MLS area: 124 - Harbor City

Last Updated: 9/14/2026

Days On Market (DOM): 21

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This listing belongs to the 124 - Harbor City MLS area

Lat/Long: 33.792158, -118.300410.
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