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.).
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
See this Listing
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
Map
Community
- Address1340 255th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90710
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Aug 14, 2026
7,797
Single Family Listed
86
Avg DOM
424
Avg $ / SqFt
$1,581,428
Avg List Price
Property Summary
- 1340 255th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90710. It is listed for $1,295,000 and features 9 beds, 9 baths, and has approximately 4,595 square feet of living space, and was originally constructed in 1988. The current price per square foot is $282. The average price per square foot for Single Family listings in Los Angeles is $424. The average listing price for Single Family in Los Angeles is $1,581,428.
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1340 255th ST
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