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Active
25441 Frampton Harbor City, CA 90710
6,011 Sqft Lot
UPDATED:
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
Listed by James Daniel eXp Realty of Greater Los Angeles, Inc. 909-289-2693, DRE #02164911
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