Property Detail

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.