1340 255th Street, Los Angeles, CA 90710

• 9 beds
• 4,595 sqft

Property Description

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 Status:

Active

Date Added:

August 10, 2026

Data Last Updated:

August 24, 2026 at 1:08PM

Listing Office:

Avenue Realty Group : 310-433-4293

Listing Agent:

Jonathan Rawson : 310-869-9137

MLS ID:

CL26870473

Interior

• A/C: No Air Conditioning
• Heating: Wall Furnace

Exterior

• Parking: AssignedParking spaces: 4

Location

• County: Los Angeles

Lot

• Zoning: LARD1.57410028038