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$ 895,000
Est. payment /mo
Active
1416 255th Street Harbor City (los Angeles), CA 90710
5 Beds
2,116 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,116 sqft
Price per Sqft $422
MLS Listing ID CL25621745
Bedrooms 5
HOA Y/N No
Year Built 1985
Lot Size 7,298 Sqft
Acres 0.17
Property Sub-Type OTHER
Property Description
Rare Harbor City investment opportunity! This well-maintained two-unit duplex features a 3-bedroom, 2-bath front unit (~1,300sqft) and a 2-bedroom, 1-bath back unit (~850sqft), each with two parking spaces including a carport and driveway. Both units are occupied by long-term Section 8 tenants, providing steady, reliable cash flow with a gross operating income of $5,220 per month ($62,640/year) and manageable expenses including gardening, management, and water. Each unit has its own shed for storage, with approximately 50 square feet. The property is ideally located near Ken Malloy Harbor Regional Park, local shops, restaurants, and major thoroughfares, offering tenants convenient access to recreation, commerce, and transit. Interior access with an accepted offer. This duplex represents a strong turnkey investment with long-term tenant stability & strong potential for future appreciation in a desirable South Bay neighborhood.
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Wall Furnace, Propane
Cooling No Air Conditioning
Flooring Wood
Fireplace No
Laundry Dryer, Washer, Inside
Exterior
Exterior Feature Front Yard, Other
Utilities Available Other Water/Sewer
View Y/N false
View None
Total Parking Spaces 2
Building
Lot Description Other, Front Yard, Landscaped
Sewer Other
New Construction No
Others
Tax ID 7410007038
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Listed by Jonny Ahdoot • Realty One Group United