Rare Harbor City investment opportunity! This well-maintained two-unit duplex features a 3-bedroom, 2-bath front unit (~1,300sqft) and a 2-bedroom, 1-bath back unit (~850sqft), each with two parking spaces including a carport and driveway. Both units are occupied by long-term Section 8 tenants, providing steady, reliable cash flow with a gross operating income of $5,220 per month ($62,640/year) and manageable expenses including gardening, management, and water. Each unit has its own shed for storage, with approximately 50 square feet. The property is ideally located near Ken Malloy Harbor Regional Park, local shops, restaurants, and major thoroughfares, offering tenants convenient access to recreation, commerce, and transit. Interior access with an accepted offer. This duplex represents a strong turnkey investment with long-term tenant stability & strong potential for future appreciation in a desirable South Bay neighborhood.
Total Floor Area:
2,116 sq. ft.197 m2
Home Style:
Traditional
Property Attached:
No
Lot Area:
7,298 sq. ft.678 m2
Bedrooms:
5
Full Bathrooms:
0
Three Quarter Bathrooms:
0
Half Bathrooms:
0
One Quarter Bathrooms:
0
Bathrooms:
3.0
(Full:0, Half:0)
Year built:
1985
(Age: 40)
General Listing Location:
Harbor City, 124 - Harbor City
County Or Parish:
Los Angeles
Tenant Pays:
Cable TV, Electricity
Gross Income:
$62,640
Net Operating Income:
$62,640
Rent Control:
Yes
From the 110 Freeway, take the Sepulveda Blvd exit and head west on Sepulveda Blvd. Turn left onto Frampton Ave and turn right onto 255th St.
High School District:
Los Angeles Unified
Floor
Type
Size
Other
-
Kitchen
Measurements not available
TileCounters,WalkInPantry
View:
None
Appliances:
Built-In, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Range Hood, Dryer, Washer
Accessibility Features:
None
Number of Buildings:
2
Community Features:
Gated
Senior Community:
No
Interior Features:
Ceiling Fan(s)
Exterior Features:
Rain Gutters
Laundry Features:
Inside
Window Features:
Drapes
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Front Yard, Lawn, Landscaped
Fireplace Features:
None
Patio And Porch Features:
Front Porch, Open, Patio
Security Features:
Fire Detection System, Fire Rated Drywall, Fire Sprinkler System, Gated Community, Smoke Detector(s)
Levels:
One
Num Stories:
0
Entry Location:
Ground Level - no steps
Construction Materials:
Stucco, Wood Siding
New Constr.:
No
Flooring:
Wood
Foundation:
Raised
Roof:
Composition, Shingle
Common Walls:
No Common Walls
# Units:
2
Heating:
Propane, Wall Furnace
Fireplace:
No
Cooling:
None
Sewer:
Other, Sewer Tap Paid
Spa:
No
Attached Garage:
Yes
Uncovered Spaces:
1
Total Parking Spaces:
2
Parking Features:
Attached Carport, Door-Multi, Direct Access, Driveway, Garage, Private