300 E 42nd Place, Los Angeles, CA 90011
- $649,000
- List Price
- $649,000
- Status
- ACTIVE
- MLS#
- DW26112532
- Year Built
- 1922
- Lot Size
- 1,886
- Acres
- 0.04
- Lot Location
- Corner Lot
- Days on Market
- 56
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- Two Levels
Property Description
Great Investment opportunity to start or expand your portfolio in a desirable area of Los Angeles. Perfect for both homeowners and investors. This income-producing property features a duplex with a permitted ADU, offering a total of 2.205 square feet of living space across three units. The property includes One 2-Bedroom, 1- bath unit. One 3- bedroom, 2-bath unit. One studio ADU. The property has 3 electrical meters, 2 gas meters and 1 water meter. The owner currently pays for water, sewer, and partial gas, while tenants pay for electricity and gas. The ADU was completed with permits, and a Certificate of Occupancy can be provided. The property is currently generating strong rental income of $5,904. per month. Don`t miss this excellent opportunity to own a great property, whether for owner occupancy or as an addition to your investment portfolio. Conveniently located near shopping centers, schools, urban amenities, and major freeways.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $70,848
- Operating Expense
- 10450
Listing courtesy of Listing Agent: Mercy Monroy (homesbymercy@gmail.com) from Listing Office: Excellence RE Real Estate, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.