1416 255th ST new Save Request In-Person Tour Request Virtual Tour
Harbor City,CA 90710
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,116 sqft
Price per Sqft $422
MLS Listing ID 25621745
Bedrooms 5
Year Built 1985
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 124 - Harbor City
Zoning LAR2
Interior
Heating Propane,Wall Furnace
Cooling None
Flooring Wood
Fireplaces Type None
Laundry Inside
Exterior
Exterior Feature Rain Gutters
Parking Features Attached Carport,Door-Multi,Direct Access,Driveway,Garage,Private
Pool None
Community Features Gated
View Y/N No
View None
Roof Type Composition,Shingle
Building
Lot Description Front Yard,Lawn,Landscaped
Foundation Raised
Sewer Other,Sewer Tap Paid
New Construction No
Schools
School District Los Angeles Unified
Others
Acceptable Financing Conventional,Contract
Listing Terms Conventional,Contract
Special Listing Condition Standard