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1574 E. 42nd St.

Los Angeles (City), CA 90011
  • $1,129,999
  • STATUS: Active
  • ON SITE: 85 Days
  • ID#: OC22147925
UPDATED: 25 min ago
$1,129,999
  • 8
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,825
    SQFT
  • $400
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2015
County:

School Ratings & Info

School District:
Listing Agent(s): Jesse Thomas of Homesmart, Evergreen Realty (714-465-2000)


Description

Attention investors do not miss this opportunity to add to your portfolio. This 2-family spacious duplex has 4-bedroom 2 bath in each unit, a total of 8 rooms all current. The units are front and back sharing one wall, approximately 1400sq foot each. Market rent is $3,300 per unit. NO RENT CONTROL. Total gross annual income is $76,800 with an above average cap rate. Formal dining room, nice kitchen with eat-in area and in unit washer / dryer hook ups. 2 car detached garage. Exceptional income opportunity. This is a must-see property. 4 miles south of DTLA. Close to USC, Los Angeles Memorial Coliseum and Banc of California Stadium. Whether this is for a 1031 exchange or first time income property, this is A Must See! Drive by only, no sign on property. PLEASE DO NOT DISTURB TENANTS.Property is also listed as Residential Income - MLS ID OC22161796

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-01T19:39:27.5. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/130627940
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1574 E. 42nd St. Los Angeles (City), CA 90011

  • Price: $1,129,999
  • Status: Active
  • On Site: 85 Days
  • Updated: 25 min ago
  • ID#: OC22147925
8
Beds
4
Baths
0
½ Baths
0.12
Acres
2,825
SQFT
$400
$/SQFT
2015
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
School District:
Los Angeles Unified
Property Description
Attention investors do not miss this opportunity to add to your portfolio. This 2-family spacious duplex has 4-bedroom 2 bath in each unit, a total of 8 rooms all current. The units are front and back sharing one wall, approximately 1400sq foot each. Market rent is $3,300 per unit. NO RENT CONTROL. Total gross annual income is $76,800 with an above average cap rate. Formal dining room, nice kitchen with eat-in area and in unit washer / dryer hook ups. 2 car detached garage. Exceptional income opportunity. This is a must-see property. 4 miles south of DTLA. Close to USC, Los Angeles Memorial Coliseum and Banc of California Stadium. Whether this is for a 1031 exchange or first time income property, this is A Must See! Drive by only, no sign on property. PLEASE DO NOT DISTURB TENANTS.Property is also listed as Residential Income - MLS ID OC22161796
Exterior Features

Attached Garage YN No Lot Features 2-5 Units/Acre Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Interior Features Multiple StaircasesBedroom On Main Level Main Level Bathrooms 1 Main Level Bedrooms 1

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Biking Garage YN Yes Land Lease YN No Laundry Features InsideSee RemarksUpper Level Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms CashConventional New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer None Special Listing Conditions Standard Structure Type Duplex Utilities Sewer Not AvailableWater Not Available Water Source None



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-01T19:39:27.5. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Jesse Thomas of Homesmart, Evergreen Realty (714-465-2000)