795 E 42nd Place, Los Angeles, CA 90011

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$995,000

Est. payment - /mo

6 Beds

5,192 Sqft Lot

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UPDATED:

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

Senior Community No

Tax ID 5115005022

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Listed by Karen Fuentes CENTURY 21 LEADERS REAL ESTATE

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795 E 42nd Place Los Angeles, CA 90011