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Stacey Alysson Melman

1340 255th ST
Los Angeles, CA, 90710
$1,295,000
9 Beds
9 Baths
4,595 SqFt
0.15 Acres
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MLS #26870473 image #0
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.).
AGENT: Jonathan Rawson
LISTING BROKERAGE: Avenue Realty Group
1340 255th ST
Los Angeles, CA

Property Details

Price:
$1,295,000
MLS #:
26870473
Status:
Active
Beds:
9
Baths:
9
Type:
Single Family
Neighborhood:
124harborcity
Listed Date:
Aug 10, 2026
Finished Sq Ft:
4,595
Total Sq Ft:
4,595
Lot Size:
6,727 sqft / 0.15 acres (approx)
Year Built:
1988
124 – Harbor City124harborcity
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Schools

Interior

Appliances
DW, GD, MW, RF
Cooling
NO
Heating
WL
Levels
U

Exterior

Attached Garage YN
1
Common Walls
_1CW
Parking Spots
4
Parking Total
4

Financial

Gross Operating Income
$127,283
Net Operating Income
$88,226

Map

Community

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