965 W 42ND Place,  Los Angeles CA, 90037 (Residential Income)

259,700 sqft
Status: Active
MLS#: 17279880
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Last Updated: 12/10/2017 11:49 PM
Description for 965 W 42ND Place Los Angeles, CA 90037
Incredible opportunity! 1BR 1BA plus 2BR 2BA plus 4BR 1BA Triplex! 965 AND 965.5 AND 965.25 W. 42nd Place! Please DO NOT DISTURB OCCUPANTS! Substantially underperforming! Offers subject to inspection. Drive by only! DO NOT DISTURB OCCUPANTS. NEW ROOF, NEW DUAL GLAZED VINYL WINDOWS, NEW EXTERIOR PAINT, NEW INTERIOR PAINT 965 1/4. Rare 7 bedroom 4 bath Triplex originally built in 1903 with room addition in 1918 with permit! Market Rent would be $1,599+$2,350(for 2BR2BA)+$2850(for 4BR1BA) =$6,799/mo MARKET RENT TODAY! Do the math X 12 mo = $82,788. GROSS RENT (If you can get today's market) projected to increase for the next several years! HERO loan to complete windows and roof. List price reflects HERO loan staying in place.
Price
$595,000
Los Angeles
259,700 (approx)
17279880
Active
Description
Incredible opportunity! 1BR 1BA plus 2BR 2BA plus 4BR 1BA Triplex! 965 AND 965.5 AND 965.25 W. 42nd Place! Please DO NOT DISTURB OCCUPANTS! Substantially underperforming! Offers subject to inspection. Drive by only! DO NOT DISTURB OCCUPANTS. NEW ROOF, NEW DUAL GLAZED VINYL WINDOWS, NEW EXTERIOR PAINT, NEW INTERIOR PAINT 965 1/4. Rare 7 bedroom 4 bath Triplex originally built in 1903 with room addition in 1918 with permit! Market Rent would be $1,599+$2,350(for 2BR2BA)+$2850(for 4BR1BA) =$6,799/mo MARKET RENT TODAY! Do the math X 12 mo = $82,788. GROSS RENT (If you can get today's market) projected to increase for the next several years! HERO loan to complete windows and roof. List price reflects HERO loan staying in place.
Listing Information
Property Type: Cluster, Other
0.06 Acres 2,764 sq.ft. 259,700 (approx)
$229.11 1903
3 Total
Neighborhood
Room Information
Interior Features
Refrigerator, Exhaust Fan/Hood
None
Exterior / Lot Features
Street Parking
LAR3
Driving Directions
MLK Jr Blvd to S. Vermont towards 42nd, Left on 42nd.
Financial Considerations
5020034012
,$5,000
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90037 has a population of 3,971,883.

The median household income in Los Angeles, California 90037 is $49,682. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Los Angeles 90037 is 34.6 years.

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Courtesy: Jeff Hill - Keller Williams Beverly Hills
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Information is deemed reliable but is not guaranteed.

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