1416 255th St new Save Request In-Person Tour Request Virtual Tour
Harbor City,CA 90710
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,116 sqft
Price per Sqft $422
MLS Listing ID 25621745
Style Traditional
Bedrooms 5
Year Built 1985
Lot Size 7,298 Sqft
Property Sub-Type Multi-Family
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
Area Harbor City
Zoning LAR2
Rooms
Other Rooms None
Dining Room 0
Kitchen Counter Top, Gourmet Kitchen, Tile Counters, Pantry
Interior
Heating Wall, Propane Gas
Cooling None
Flooring Hardwood
Fireplaces Type None
Equipment Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Cable, Washer, Refrigerator, Range/Oven, Ceiling Fan
Laundry Inside, Laundry Area, In Unit
Exterior
Parking Features Direct Entrance, Driveway, Private, Garage - 2 Car, Carport Attached
Garage Spaces 2.0
Pool None
Amenities Available None
Waterfront Description None
View Y/N No
View None
Roof Type Composition, Shingle
Building
Lot Description 2-4 Lots, Exterior Security Lights, Front Yard, Lawn, Landscaped, Gutters, Fenced, Fenced Yard, Alley Paved, Lot-Level/Flat, Walk Street, Street Concrete, Street Lighting
Foundation Raised
Sewer In Street, In Connected and Paid
Water Public, Water District
Structure Type Stucco, Wood Siding
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard