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$ 797,000
Est. payment /mo
Price Dropped by $28K
300 -302 E 42nd PL #2 Los Angeles, CA 90011
1,886 Sqft Lot
UPDATED:
01/27/2025 08:33 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24200524
HOA Y/N No
Year Built 1922
Lot Size 1,886 Sqft
Property Description
GREAT OPPORTUNITY TO START YOUR PORFOLIO. IN VERY GOOD NEIGHBORHOOD . DUPLEX WITH A PERMITTED ADU FOR A TOTAL OF THREE UNITS. ONE UNIT IS 3 BEDROOM 2 BATHROOM, SECOND UNIT IS 2 BEDROOM 1 BATHROOM WITH A PERMITTED ADU. SEPARATED ELECTRICITY AND GAS METER ON BOTH UNITS. WATER IS PAID BY LANDLORD. PROPERTY CURRENTHLY PRODUCING GREAT RENTAL INCOME OF $5,560 PER MONTS. THIS PROPERTY IS CONVENIENTLY LOCATED NEAR URBAN AMENITIES, MAKINNG IT AN ATTRACTIVE INVESTMENT FOR RENTERS. JUST MINUTES FROM DOWNTOWN LA. TENANT OCCUPIED. DO NOT DISTURB TENANTS.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Fireplace No
Laundry None
Exterior
Parking Features None
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5113020007
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Mercy Monroy • Excellence RE Real Estate, Inc. • 562-879-4277