Los Angeles, CA 90011 300 E 42nd Place 2
$749,000
3 more
Presented By: Mercy Monroy with Excellence RE Real Estate, Inc.; 562-879-4277
- MLS# DW24200524
- 10/01/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 5
Baths • 3
SQFT • 1,884
Home Details
HUGE PRICE REDUCTION FOR QUICK SALE. 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.
Presented By: Mercy Monroy with Excellence RE Real Estate, Inc.; 562-879-4277
Interior Features for 300 E 42nd Place 2
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 300 E 42nd Place 2
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
ContingencyAgent Does not Guarantee the accurancy of the square footage, lot size The buyer is advised to veify all the information through licensed professinals/inspectors. the units are tanats occupid and sub
CountyLos Angeles
DirectionsSAN PEDRO & 42 PL
DisclosuresHomeWarranty
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income62850.0
HOANo
Home Warranty Y/NNo
Insurance Expense2250.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet1886.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income62850.0
New ConstructionNo
Number Of Units Total2
Open Parking Spaces0.0
Operating Expense4350.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot25
Tenant PaysElectricity, Gas
Trash Expense1050.0
Unit Number2
Water Sewer Expense1050.0
Year Built1922
Year Built SourcePublicRecords
ZoningLAR2
Exterior for 300 E 42nd Place 2
Building Area Total1884.0
Crops Included Y/NNo
Gulf-FrontNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.0433
Lot Size Area1886.0
Lot Size SourcePublicRecords
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
Pool Charge0.0
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate