300 E 42nd Place, Los Angeles, CA 90011

$649,000

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List Agent Mercy Monroy () Excellence RE Real Estate, Inc.; CoList ()

List Price
$649,000
Status
ACTIVE
MLS#
DW26112532
Year Built
1922
Lot Size
1,886
Lot Location
Corner Lot
Days on Market
58
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

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.