1324 E 42nd Street Los Angeles, CA ^$ 1,488,800

1324 E 42nd Street

^$ 1,488,800

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1324 E 42nd Street

Los Angeles, CA, 90011

^$ 1,488,800

Bedrooms10 Baths6.0 Sq 3,726

Monthly Estimate*

^$ 10,400

Listed by Spectrum Realty

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Multi-Family Home for sale in Los Angeles, CA

for $1,488,800 with 10 bedrooms and 6 full baths. This 3,726 square foot home was built in 2018 on a lot size of 0.1151.

Exciting opportunity to own a modern duplex with two units, each featuring 5 bedrooms and 3 bathrooms. Individual gas, electric, and water meters for each unit. 1326 E 42nd includes a 2-car garage with alley access, while 1324 offers a 1-car garage and additional driveway parking. Not rent control property! current month-to-month tenants. Well-designed floorplans and potential for increased rents. Conveniently located near shopping centers, diverse restaurants, University of Southern California, and cultural attractions. Act now to seize this unique opportunity!

Multi-Family Active

Price

^$ 1,488,800

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.1151

Year Built

2018

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC24005986

Days on Market

109

Features

General

Sewer PublicSewer

Zoning LAR2

HOA 0.0

Garage Spaces 3.0

Pool Features None

Year Built 2018

Stories 2

Levels Two

Property SubType Duplex

Gross Income 91200.0

Community Features StreetLights Sidewalks Urban

County Los Angeles

Net Operating Income 72657.81

Operating Expense 5088.0

Insurance Expense 1530.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Cross Roads: Hooper Ave/ E 42nd St

City Los Angeles

Entry Location Front door

View Y/N N

Senior Community Y/N N

Open Parking Spaces 6.0

Total Units 2

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 5014.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 42nd

Listing Terms Cash CashtoNewLoan Conventional

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 15

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 9

Property Sub Type Additional Duplex

Cap Rate 4.9

Exterior

Parking Features DirectAccess Driveway Garage

Lot Features Item01UnitAcre

Water Source Public

Total Parking 9.0

Lot Size Area 5014.0

Number of Buildings 1

Spa N

Building Area Total 3726.0

Lot Size Acres 0.1151

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1324

* Excluded Features

List By

Spectrum Realty

Broker

(949) 551-9888

Phone

Affordability Calculator

$10,400

Per Month

Monthly Principal & Interest: $10,400
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 34%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/12/2024	$1,488,800		Listed Price

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1324 E 42nd Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $1,488,800 with 3,726 sqft and a lot size of 0.1151. 1324 E 42nd Street has 10 bedrooms, 6.0 baths, and was built in 2018. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1324 E 42nd Street

Multi-Family Home for sale in Los Angeles, CA

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