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822 W 42nd Place, Los Angeles, CA 90037
$1,700,000
822 W 42nd Place, Los Angeles, CA 90037View this property at 822 W 42nd Place, Los Angeles, CA 90037
822 W 42nd PlaceLos AngelesCA90037
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Property Description
Great Investment Opportunity......fantastic income producing property. This well kept low maintenance 6 Unit apartment building consisting of four very large units each more than 1000 Sq, 2 bedrooms 1 bath and Two New Units of 3 bedroom 2 bath (950 sf each) (New Construction). Four of the units remodeled extensively around seven years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. Rents are currently below market value, 4 are vacant allowing upside in rental income for a new buyer to rent them. All separate electrical and gas meters. Property is approximately less than 1 mile away from the LA Memorial Coliseum, conveniently located to shopping, restaurants, freeways and public transportation. A must see!!!
Full Property Details
Full Property Details for 822 W 42nd Pl
General
- Sold For: $1,700,000
- Status: Closed
- Type: Multi-Family
- MLS ID: GD23212748
- Added to Site: 198 day(s) ago
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Parking Features: None
- Parking: None
Location
- Area: C34 - Los Angeles Southwest
- County: Los Angeles
- Development Name: C34 - Los Angeles Southwest
- Driving Directions: West of hoover east of Vermont avenue, North of Vernon
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: main
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 6,021
- Year Built: 1914
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 6
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.1579
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: 0-1 Unit/Acre
Green Features
- Energy Efficient: Appliances, HVAC, Lighting, Windows
- Energy Generation: Solar
Financial Considerations
- Price Per Sq. Ft.: $282.35
- Price Per Unit: 282500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Platinum Realty Group Inc, Naira Khnkoyan
Sold by THE Real Estate Agency, Yosef 'Joseph' Khoshsima
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Schools
Schools serving 822 W 42nd Pl
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
4156 Menlo Ave, Los Angeles, CA 90037 | K-5 | 0.1 mi | |
1700 W 46th St, Los Angeles, CA 90062 | 6-11 | 1.3 mi | |
4131 S Vermont Ave, Los Angeles, CA 90037 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 822 W 42nd Pl
Date
Details
Price
Change
Source
4/08/2024
Sold
$1,700,000
0.29%
MLS
11/16/2023
Listed
$1,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
822 W 42nd Place, Los Angeles, CA 90037 (MLS# GD23212748) is a Multi-Family property that was sold at $1,700,000 on April 08, 2024. Want to learn more about 822 W 42nd Place? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.