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1574 E. 42nd St.

Los Angeles (City), CA 90011
  • $1,129,999
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: OC22161796
UPDATED: 22 min ago
$1,129,999
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2015
County:

School Ratings & Info

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 also listed as Residential - MLS ID OC22147925

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T17:31:04.873. 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 Villa Real Estate. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/131203400
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1574 E. 42nd St. Los Angeles (City), CA 90011

  • Price: $1,129,999
  • Status: Active
  • On Site: 15 Days
  • Updated: 22 min ago
  • ID#: OC22161796
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2015
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
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 also listed as Residential - MLS ID OC22147925
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 0 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

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Biking Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 79200 Insurance Expense 3690 Land Lease YN No Laundry Features InsideSee RemarksUpper Level Levels Two Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms CashConventional Net Operating Income 66720 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 12480 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer None Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Utilities Sewer Not AvailableWater Not Available Water Sewer Expense 0 Water Source None



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T17:31:04.873. 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 Villa Real Estate. Licensed in the State of California, USA.
 
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Villa Real Estate
450 Newport Center Drive, Suite 100
Newport Beach CA, 92660
Listing Agent(s): Jesse Thomas of Homesmart, Evergreen Realty (714-465-2000)