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300 E 42nd Place , #2

Los Angeles (City), CA 90011
  • $749,000
  • STATUS: Active
  • ON SITE: 207 Days
  • MLS #: DW24200524
UPDATED: 60 min ago
$749,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Mercy Monroy of Excellence RE Real Estate, Inc. (562-948-4553)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T08:30:53.793. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/156138922
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300 E 42nd Place , #2 Los Angeles (City), CA 90011

  • Price: $749,000
  • Status: Active
  • On Site: 207 Days
  • Updated: 60 min ago
  • MLS #: DW24200524
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1922
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
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.
Exterior Features

Carport Spaces 0 Entry Level 1 Entry Location 1 Lot Features Corner Lot Number Of Separate Electric Meters 2 Open Parking Spaces 0 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cable Tv Expense 0 Common Interest None Community Features Sidewalks Contingency Agent Does not Guarantee the accurancy of the square footagelot size The buyer is advised to veify all the information through licensed professinals/inspectors. the units are tanats occupid and subjet to interior inspection with accepted offer. Propery being sold as is with tenants in place. please email offers to homesbymercy@gmail.com with RPAProof of fundsfico scoredirect lender DU approval. Call Mercy if you have any questions. 562-879-4277 Disclosures Home Warranty Garage YN No Gross Income 62850 Gross Scheduled Income 67200 Insurance Expense 2250 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 62850 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 4350 Other Expense 0 Pest Control Expense 0 Pool Expense 0 Possession Close Of Escrow Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays ElectricityGas Trash Expense 1050 Vacancy Allowance 0 Water Sewer Expense 1050 Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T08:30:53.793. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Mercy Monroy of Excellence RE Real Estate, Inc. (562-948-4553)