$699,000
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.
Listed by James Daniel with eXp Realty of Greater Los Angeles, Inc.
MLS Property Type
Residential Income
Property Subtype
Duplex
Status
Active
MLS Number
SB26185988
Year Built
1962
Building Size
1,639 sq ft
Units
2
Lot Size
6,013 sq ft
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