822 W 42nd Place, Los Angeles, California 90037
  • $1,695,000

Overview

Property ID: GD23212748
  • Apartment, Residential Income
  • Property Type
  • 6021 Sqft
  • Area Size
  • 1914
  • Year Built

Description

Great Investment Opportunity……fantastic income producing property. This well kept low maintenance 6 Unit apartment building consisting of four very large units each more than 1000 Sq, 2 bedrooms 1 bath and Two New Units of 3 bedroom 2 bath (950 sf each) (New Construction). Four of the units remodeled extensively around seven years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. Rents are currently below market value, 4 are vacant allowing upside in rental income for a new buyer to rent them. All separate electrical and gas meters. Property is approximately less than 1 mile away from the LA Memorial Coliseum, conveniently located to shopping, restaurants, freeways and public transportation. A must see!!!

  • Address: 822 W 42nd Place
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90037
  • Country: US

Details

Updated on April 8, 2024 at 9:23 pm
  • Property ID GD23212748
  • Price $1,695,000
  • Property Size 6021 Sqft
  • Land Area 0.1579 Acres
  • Year Built 1914
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, 1031 Exchange
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking None
  • Community Features Curbs

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