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$ 699,000
Est. payment | /mo
4 Beds
2 Baths
6,013 Sqft Lot
$ 699,000
Est. payment | /mo
4 Beds
2 Baths
6,013 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26185988
Bedrooms 4
Lot Size 6,013 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare income-property opportunity in Harbor City! This single parcel is zoned for two residential units and features two separate, detached residences, each with its own address which are 25441 Frampton Ave and 1341 W. 255th St that is a configuration that's hard to find and offers real flexibility for an investor. Built in 1961-1962, the property currently generates approximately $36,889 in gross annual rental income, with room to grow over time. One unit is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). An excellent long-term hold for buyers seeking steady cash flow, upside potential, and the added flexibility that comes with two independently addressed homes on one lot. Sold as-is.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Corner of Frampton Ave and W. 255th St.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7410027074
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by James Daniel, DRE#02164911 eXp Realty of Greater Los Angeles, Inc.
NEARBY SCHOOL & BUSINESS
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