50
See all 50 photos
$995,000
Est. payment /mo
6 Beds
5,192 Sqft Lot
Active
795 E 42nd Place Los Angeles, CA 90011
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD25244618
Bedrooms 6
Lot Size 5,192 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Incredible Income Opportunity in South LA that MUST BE SEEN! Welcome to the seller's SPACIOUS HOME with a LOWER PRICE offering MULTI-UNIT-STYLE living with excellent rental income POTENTIAL. Perfect for investors or extended FAMILIES, this versatile property is located just minutes from Downtown LA. The Residence features 3 Master Bedrooms and multiple living spaces including ( 4-Great BEDROOMS and 3-BATH ) 1-Bed, 1-Bath is on the Main Floor. RARE INVESTMENT opportunity! that on the First Floor one master bedroom has been converted into a Studio Apartment with its own kitchenette, on the Second Floor Conversion, one master bedroom has been converted into a 2-Bedroom, 1-Bath UNIT with its own combined living-dining area. Each Living Space Features its OWN SEPARATE ENTRANCE, providing FLEXIBLE USE options: Such as Multi-Family Living with 3,027 Sqft, 2 reliable income streams already in place or a better future just generating INCOME. PLUS a beautiful elevated cityscape VIEW of Los Angeles Skyline. PARKING!! 6 GATED PARKING SPACES in the back and carport for two, an ample front yard, with driveway for EXTRA parking in the front. A (LAR2 Zoned) Lot offers further potential for ADU or expansion (buyer to verify with city). This is a RARE find with FLEXIBLE use options and reliable income streams already in place. Conveniently located near major freeways, schools, public transportation and local amenities.
Location
State CA
County Los Angeles
Zoning Seller
Direction Cross Street: S Avalon Blvd & S Central Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5115005022
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Karen Fuentes CENTURY 21 LEADERS REAL ESTATE
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