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  • 1340 255Th Street

1340 255th Street, Los Angeles, CA 90710

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

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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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
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: 8/10/2026

 Days On Market (DOM): 2

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This listing belongs to the 124 - Harbor City MLS area

Lat/Long: 33.792158, -118.300410.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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