$649,000

300 E 42nd Place

Los Angeles, CA 90011

Listing courtesy of Mercy Monroy, Excellence RE Real Estate, Inc.

Property Details

Lot Size: 1,886 sqft
Year Built: 1922
Property Type: Duplex
Garage: 0
Days on Market: 25
MLS #: DW26112532

About This Property

Great Investment opportunity to start or expand your portfolio in a desirable area of Los Angeles. Perfect for both homeowners and investors. This income-producing property features a duplex with a permitted ADU, offering a total of 2.205 square feet of living space across three units. The property includes One 2-Bedroom, 1- bath unit. One 3- bedroom, 2-bath unit. One studio ADU. The property has 3 electrical meters, 2 gas meters and 1 water meter. The owner currently pays for water, sewer, and partial gas, while tenants pay for electricity and gas. The ADU was completed with permits, and a Certificate of Occupancy can be provided. The property is currently generating strong rental income of $5,904. per month. Don`t miss this excellent opportunity to own a great property, whether for owner occupancy or as an addition to your investment portfolio. Conveniently located near shopping centers, schools, urban amenities, and major freeways.