Silva Babaian Realtor, Real Estate Agent, Granada Hills, CA
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    3875 Marcasel Avenue
    82301 Avenue 50
    2323 Redondo Boulevard 2
    1401 42nd Place, Los Angeles, CA 90062
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    1401 42nd Place
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    • MLS#: RS25056468 ( Quadruplex )
    • Street Address: 1401 42nd Place
    • Viewed: 3
    • Price: $2,600,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2018
    • Bldg sqft: 0
    • Days On Market: 6
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90062
    • Provided by: Paradise Realty
    • Contact: Jonathan Jonathan
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Prime Investment Opportunity Near Downtown Los Angeles! This exceptional multi unit investment property, built in 2019, offers 5,953 sq. ft. of living space in a prime location near DTLA. The property consists of four spacious units; Two units with 5 bedrooms and 3 bathrooms, Two units with 4 bedrooms and 2 bathrooms, total of 4 units. Conveniently located just 1.5 miles from USC (a 5 minute drive) and 4 miles from the LA Convention Center (a 10 minute drive), this property is ideal for renters seeking proximity to key city hubs. With 18 bedrooms and 12 bathrooms, this well maintained and professionally managed property offers high income potential in one of LAs most sought after rental markets. Additionally, its prime location ensures a steady influx of tenants, thanks to the abundance of nearby job opportunities and prestigious educational institutions. Beyond its investment value, this property offers the perfect work life balanceproviding residents easy access to LAs vibrant business districts, entertainment, dining, and cultural attractions. Furthermore, its prime location presents future redevelopment opportunities, making it an excellent choice for investors looking for both strong rental returns and long term appreciation. Dont miss out on this outstanding opportunityschedule a viewing today!
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    Property Location and Similar Properties
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    Features
    Accessibility Features
    1. Parking
    Appliances
    1. Dishwasher
    2. Gas Range
    3. Water Heater
    Assessments
    1. Unknown
    Association Fee
    1. 0.00
    Building Area Total
    1. 5952.00
    Carport Spaces
    1. 8.00
    Commoninterest
    1. None
    Common Walls
    1. No Common Walls
    Country
    1. US
    Electric
    1. Standard
    Electric Expense
    1. 0.00
    Entry Location
    1. Ground
    Fireplace Features
    1. None
    Flooring
    1. Laminate
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Heating
    1. Central
    Insurance Expense
    1. 0.00
    Interior Features
    1. Open Floorplan
    2. Quartz Counters
    3. Recessed Lighting
    Laundry Features
    1. Gas Dryer Hookup
    2. In Closet
    3. Inside
    4. Washer Hookup
    Levels
    1. Two
    Lot Features
    1. 2-5 Units/Acre
    2. Level with Street
    Netoperatingincome
    1. 146000.00
    Parcel Number
    1. 5021016050
    Parking Features
    1. Driveway
    2. Private
    Pool Features
    1. None
    Postalcodeplus4
    1. 1865
    Property Type
    1. Quadruplex
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 434137042:CRM
    Spa Features
    1. None
    Taxarea
    1. 212
    Tenant Pays
    1. All Utilities
    Totalexpenses
    1. 0.00
    Trash Expense
    1. 0.00
    Utilities
    1. Cable Available
    2. Natural Gas Connected
    3. Phone Available
    4. Water Connected
    View
    1. None
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 2018
    Year Built Source
    1. Assessor
    Zoning
    1. LARD1.5
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    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836