5-Bedroom ResidentialIncome — 1416 255th Street, Harbor City, CA
$895,000
1416 255th Street, Harbor City, CA
About this property
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.
Property details
Location
1416 255th Street • Harbor City, CA 90710
Listed by
Jonny Ahdoot · Realty One Group United