950 W 42ND Street,  Los Angeles CA, 90037 (Residential Income)

4,662 sqft
Status: Sold
MLS#: 16150422
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Last Updated: 12/10/2016 2:23 AM
Description for 950 W 42ND Street Los Angeles, CA 90037
Near USC. Near Metro. Bread &butter 4units.Each unit over 1150sf on 6789sf lot per tax roll.LA City Permit shows two 2BR+1BA(#950 & #956)lower units,one 3BR+1BA(#954) and one 2BR+Den+1BA(#952) in upper units.No vacancy,no crime seller has encountered for over 10 years.Safest block in the area w/ constant police patrol due to schools. Menlo Elementary diagonally across.Manual Arts High 1block away.Bright,airy,clean . All tenants are reliable, friendly , rule-abiding .Ceiling fans in BR.LVR.,DR.,Lots of windows and walk-in closets,gas &wood FP.,laundry hook ups, Kitchen w/ bay window & pantry . Always having next tenant secured to move in. All income & expenses are actual.#952, #956 rent includes $100/mo. for storage use in detached 4 car garage. Seller was informed the bldg.totally rehabbed & bolted down in 1994 by the previous owner, Newer Roof(2007), New Exterior Painting(2015), New Kitchen &Bath Flooring(2016)
Price
Sold Price:
$800,000
Sold Date:10/03/2016
Los Angeles
4,662 (approx)
16150422
Closed
Description
Near USC. Near Metro. Bread &butter 4units.Each unit over 1150sf on 6789sf lot per tax roll.LA City Permit shows two 2BR+1BA(#950 & #956)lower units,one 3BR+1BA(#954) and one 2BR+Den+1BA(#952) in upper units.No vacancy,no crime seller has encountered for over 10 years.Safest block in the area w/ constant police patrol due to schools. Menlo Elementary diagonally across.Manual Arts High 1block away.Bright,airy,clean . All tenants are reliable, friendly , rule-abiding .Ceiling fans in BR.LVR.,DR.,Lots of windows and walk-in closets,gas &wood FP.,laundry hook ups, Kitchen w/ bay window & pantry . Always having next tenant secured to move in. All income & expenses are actual.#952, #956 rent includes $100/mo. for storage use in detached 4 car garage. Seller was informed the bldg.totally rehabbed & bolted down in 1994 by the previous owner, Newer Roof(2007), New Exterior Painting(2015), New Kitchen &Bath Flooring(2016)
Listing Information
Property Type: Cluster, Other
0.15 Acres 679,000 sq.ft. 4,662 (approx)
$171.6 1918
Stucco
Gas Water Heater
4 Total
Neighborhood
Room Information
Interior Features
Living Room
Pantry
Exterior / Lot Features
4 Parking Spaces, Assigned Parking Space
Stucco
Trees/Woods
LAR3
Driving Directions
One block east of Vermont Ave. and south of Exposition Blvd. S.W. corner of Menlo/42nd.
Financial Considerations
5020034001
,$15,728
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90037 has a population of 3,804,503.

The median household income in Los Angeles, California 90037 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90037 is 34.1 years.

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Courtesy: Prime Properties Joyce Lee
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