Fantastic Opportunity – Income Property in Prime South LA Location! Welcome to 901 E 42nd St, a well-maintained property offering excellent income. Situated in a high-demand rental area of Los Angeles, this property features units on a spacious lot with gated parking. The lot includes ample off-street parking… Read More and room for outdoor enjoyment or potential future expansion (buyer to verify with city). Conveniently located near Downtown LA, USC, public transportation, schools, and major freeways. Whether you're a first-time investor or looking to expand your portfolio, 901 E 42nd St offers strong rental upside and long-term value in a rapidly growing area. Don’t miss out – this income-generating property won’t last long! Property is tenant occupied. Please do not disturb tenants. Drive by only. Read Less
Property listed by Real Estate eBroker, Inc., Jinny Macfarlane 213-595-2056
Listing Snapshot
Days Online
13
Last Updated
Property Type
Duplex
Lot Size
0.11 Acres
Year Built
1910
MLS Number
SR25128347
30 Days Snapshot Of 90011
$534k
-7%
(avg) sold price
7
+40%
homes sold
118
+103%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1910, Building area total: 2,200, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Urban
Expenses
Electric expense: $700, Insurance expense: $3,000, Operating expense: $7,250, Trash expense: $550, Water sewer expense: $3,000
Income
Gross income: $90,000, Net operating income: $80,000
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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