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1401 42nd Place, Los Angeles, CA 90062
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1401 42nd Place
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  • MLS#: RS25056468 ( Quadruplex )
  • Street Address: 1401 42nd Place
  • Viewed: 14
  • Price: $2,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2018
  • Bldg sqft: 0
  • Days On Market: 44
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90062
  • Provided by: Paradise Realty
  • Contact: Jonathan Jonathan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime Investment Opportunity Near Downtown Los Angeles! This exceptional multi unit investment property, built in 2019, offers 5,953 sq. ft. of living space in a prime location near DTLA. The property consists of four spacious units; Two units with 5 bedrooms and 3 bathrooms, Two units with 4 bedrooms and 2 bathrooms, total of 4 units. Conveniently located just 1.5 miles from USC (a 5 minute drive) and 4 miles from the LA Convention Center (a 10 minute drive), this property is ideal for renters seeking proximity to key city hubs. With 18 bedrooms and 12 bathrooms, this well maintained and professionally managed property offers high income potential in one of LAs most sought after rental markets. Additionally, its prime location ensures a steady influx of tenants, thanks to the abundance of nearby job opportunities and prestigious educational institutions. Beyond its investment value, this property offers the perfect work life balanceproviding residents easy access to LAs vibrant business districts, entertainment, dining, and cultural attractions. Furthermore, its prime location presents future redevelopment opportunities, making it an excellent choice for investors looking for both strong rental returns and long term appreciation. Dont miss out on this outstanding opportunityschedule a viewing today!
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Features
Accessibility Features
  1. Parking
Appliances
  1. Dishwasher
  2. Gas Range
  3. Water Heater
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 5952.00
Carport Spaces
  1. 8.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 34
Electric
  1. Standard
Electric Expense
  1. 0.00
Entry Location
  1. Ground
Fireplace Features
  1. None
Flooring
  1. Laminate
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 2100.00
Interior Features
  1. Open Floorplan
  2. Quartz Counters
  3. Recessed Lighting
Laundry Features
  1. Gas Dryer Hookup
  2. In Closet
  3. Inside
  4. Washer Hookup
Levels
  1. Two
Lot Features
  1. 2-5 Units/Acre
  2. Level with Street
Netoperatingincome
  1. 12675.00
Parcel Number
  1. 5021016050
Parking Features
  1. Driveway
  2. Private
Pool Features
  1. None
Postalcodeplus4
  1. 1865
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 434137042:CRM
Spa Features
  1. None
Taxarea
  1. 212
Tenant Pays
  1. All Utilities
Totalexpenses
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. Cable Available
  2. Natural Gas Connected
  3. Phone Available
  4. Water Connected
View
  1. None
Views
  1. 14
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 2018
Year Built Source
  1. Assessor
Zoning
  1. LARD1.5