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Yosef Adde

yosef@adde.la +1(310) 363-7362

$ 699,000

Est. payment | -/mo

6,011 Sqft Lot

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$ 699,000

Est. payment | -/mo

Save

6,011 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26185988

HOA Y/N No

Year Built 1962

Lot Size 6,011 Sqft

Property Sub-Type Duplex

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. Both units are 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

Area 124 - Harbor City

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Pool None

Community Features Biking, Curbs, Gutter(s), Sidewalks

Private Pool No

Building

Lot Description 31-35 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7410027074

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)

Listed by James Daniel eXp Realty of Greater Los Angeles, Inc. 909-289-2693, DRE #02164911

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"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 363-7362

yosef@adde.la

Serving the South Bay Los Angeles

25441 Frampton Harbor City, CA 90710

Yosef Adde

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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25441 Frampton