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    950 W 42Nd St

    Los Angeles, CA 90037
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 163 days
    • MLS #: 21-695482
    Under Contract
    UPDATED: 62 min ago
    $1,100,000
    • 9
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,662
      SQFT
    • $236
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1918
    County:

    School Ratings & Info

    Description

    Big price reduction! Attention, Investors , Developers!! R3 zoned corner lot near to USC, Metro. Each unit over 1,150 sf on 6789 sf. per tax roll. LA city permit shows two 2BR+1BA(#950 μ) in lower units, one 3BR+1BA(#954) and one 2BR+Den+1BA(#952) in upper units. Additional $150/mo. income from detached garage. Very safe block with constant police patrol for elementary school across. Ceiling fans in BR,LVR,DR. Lots of windows and walk-in closets, gas & wood fire place, laundry hook ups, kitchen w/ bay windows & pantry in each unit. No vacancy for over 15 years. Seller was informed the bldg. totally rehabbed & bolted down in 1994. Well kept up ---roof(2007),exterior paint(2015), kitchen & bath flooring(2016--- large 4 plex of always having next tenant secured to move in.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-05T07:42:30.817. 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.
    www.markwiseproperties.com/homes/114428618
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    950 W 42Nd St Los Angeles, CA 90037

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 62 min ago
    • MLS #: 21-695482
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,662
    SQFT
    $236
    $/SQFT
    1918
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    Big price reduction! Attention, Investors , Developers!! R3 zoned corner lot near to USC, Metro. Each unit over 1,150 sf on 6789 sf. per tax roll. LA city permit shows two 2BR+1BA(#950 μ) in lower units, one 3BR+1BA(#954) and one 2BR+Den+1BA(#952) in upper units. Additional $150/mo. income from detached garage. Very safe block with constant police patrol for elementary school across. Ceiling fans in BR,LVR,DR. Lots of windows and walk-in closets, gas & wood fire place, laundry hook ups, kitchen w/ bay windows & pantry in each unit. No vacancy for over 15 years. Seller was informed the bldg. totally rehabbed & bolted down in 1994. Well kept up ---roof(2007),exterior paint(2015), kitchen & bath flooring(2016--- large 4 plex of always having next tenant secured to move in.
    Exterior Features

    Garage Structures Total 1 Lot Location Corner Lot Lot Size Area 6790 Other Structures None Parking Garage AssignedAuto Driveway GateCommunity GarageCarportDrivewayGarageGarage Is Detached Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling Ceiling Fan Equipment Ceiling FanGas Or Electric Dryer HookupElectric Dryer HookupGarbage DisposalRange/Oven Fireplace Rooms Living RoomGas And Wood Heating Wall Gas Laundry In Unit

    Property Features

    Assessed Total Value 800000 Gross Income 68988 Gross Operating Income 68988 Land Lease Type Fee Like Units1 950 Like Units2 952 Like Units3 954 Like Units4 956 Net Operating Income 46918.00 Number Of Buildings 1 Number Of Units 4 Owner Pays GardenerWater Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 22070 Type Of Units Four Plex Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Joyce Lee DRE#01055795 of Prime Properties.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-05T07:42:30.817. 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.
     
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    Rancho Mirage CA, 92270