721 E 42nd Place

    Los Angeles (City), CA 90011
    • $575,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: WS18103818
    UPDATED: 42 min ago
    $575,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,629
      SQFT
    • $219
      $/SQFT
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Great opportunity to own an income producing 3 unit property in the heart of Los Angeles near Exposition Park. Currently fully occupied featuring 2 detached buildings with recent upgrades. This income property has a upstairs/downstairs combo in the front and a detached separate 2 bedroom unit in the back. Tenant have been there a long time but respect the property and just received new flooring for the back and upstairs unit as well as a new water heater for the upstairs tenants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T22:28:09.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/83241711

    721 E 42nd Place Los Angeles (City), CA 90011

    • Price: $575,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: WS18103818
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,629
    SQFT
    $219
    $/SQFT
    1925
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Great opportunity to own an income producing 3 unit property in the heart of Los Angeles near Exposition Park. Currently fully occupied featuring 2 detached buildings with recent upgrades. This income property has a upstairs/downstairs combo in the front and a detached separate 2 bedroom unit in the back. Tenant have been there a long time but respect the property and just received new flooring for the back and upstairs unit as well as a new water heater for the upstairs tenants.
    Exterior Features

    Entry Level 1 Entry Location 2 Garage Spaces 0.00 Lot Features Walkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway LevelStreet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof AsphaltShingle

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Wall Window Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Interior Features Storage SpaceTile Counters Laundry Features Outside Levels Two

    Property Features

    Accessibility Features 2+ Access Exits Additional Parcels YN No Building Area Units Square Feet Community Features Street LightingUrban Country Us Electric Electricity - On Property Electric Expense 560.00 Elevation Units Feet Fuel Expense 0.00 Gross Equity 40320 Gross Income 40320.00 Gross Scheduled Income 40320.00 Insurance Expense 960.00 Land Lease YN No Laundry YN Yes Net Operating Income 25540.00 New Taxes Expense 6900.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 2 Number Of Units Leased 3 Operating Expense 14780.00 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Actual Rent 3360.00 Total Expenses 14780.00 Trash Expense 0.00 Utilities Sewer ConnectedWater Connected Water Sewer Expense 960.00 Water Source Public Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Rudy Lira Kusuma of Re/Max Titanium and Alexander Chan of Re/Max Titanium.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T22:28:09.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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