CA > Los Angeles
Los Angeles, CA 90062,1401 West 42nd Place
Los Angeles, CA 90062,1401 West 42nd Place
Los Angeles, CA 90062,1401 West 42nd Place
Los Angeles, CA 90062,1401 West 42nd Place
Los Angeles, CA 90062,1401 West 42nd Place
Los Angeles, CA 90062,1401 West 42nd Place
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Demi Fox

Demi Fox

+1(805) 490-1401
Listed by Jonathan Park • Paradise Realty
$ 2,600,000
Est. payment | /mo

5,952 SqFt

Save
$ 2,600,000
Est. payment | /mo
Save

5,952 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,952 sqft

Price per Sqft $436

MLS Listing ID RS-25056468

Year Built 2018

Lot Size 5,955 Sqft

Property Sub-Type Quadruplex

Property Description

Prime Investment Opportunity Near Downtown Los Angeles! This exceptional multi-unit investment property, built in 2019, offers 5,953 sq. ft. of living space in a prime location near DTLA. The property consists of four spacious units with 5 bedrooms and 3 bathrooms. Conveniently located just 1.5 miles from USC (a 5-minute drive) and 4 miles from the LA Convention Center (a 10-minute drive), this property is ideal for renters seeking proximity to key city hubs. With 20 bedrooms and 12 bathrooms, this well-maintained and professionally managed property offers high-income potential in one of LA's most sought-after rental markets. Additionally, its prime location ensures a steady influx of tenants, thanks to the abundance of nearby job opportunities and prestigious educational institutions. Beyond its investment value, this property offers the perfect work-life balance--providing residents easy access to LA's vibrant business districts, entertainment, dining, and cultural attractions. Furthermore, its prime location presents future redevelopment opportunities, making it an excellent choice for investors looking for both strong rental returns and long-term appreciation. Don't miss out on this outstanding opportunity--schedule a viewing today!

Location

State CA

County Los Angeles

Area C34 - Los Angeles Sw

Zoning LARD1.5

Interior

Interior Features Open Floorplan, Recessed Lighting

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Laundry Gas Dryer Hookup, In Closet, Inside, Washer Hookup

Exterior

Parking Features Private, Driveway

Pool None

Community Features Curbs, Sidewalks, Storm Drains, Street Lights

Utilities Available Water Connected, Cable Available, Natural Gas Connected, Phone Available

View Y/N No

View None

Building

Lot Description Level with Street, 2-5 Units/Acre

Sewer Public Sewer

agent-avatar

+1(805) 490-1401

demifox4re@gmail.com

1464 Madera Rd N. Suite 253, Valley, CA, 93065

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1401 West 42nd Place