1401 W 42nd Place, Los Angeles, CA 90062 (MLS # RS25056468)

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PRICE $2,600,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 5,952 sqft
LOT SIZE 5,955 sqft

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; Two units with 5 bedrooms and 3 bathrooms, Two units with 4 bedrooms and 2 bathrooms, total of 4 units. 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 18 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!

DAYS ON MARKET 2 LAST UPDATED 3/15/2025
YEAR BUILT 2018 COMMUNITY Los Angeles Southwest
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
APPLIANCES Dishwasher, Gas Range, Water Heater
AREA Los Angeles Southwest
GARAGE Driveway, Private
HEAT Central
HOA DUES 0
INTERIOR Open Floorplan, Quartz Counters, Recessed Lighting, Walk-In Closet(s)
LOT 5955 sq ft
LOT DESCRIPTION 2-5 Units/Acre, Street Level
PARKING Driveway,Private
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
UTILITIES Cable Available,Natural Gas Connected,Phone Available,Water Connected, Electric: Standard
VIEW DESCRIPTION None
WATER Public
ZONING LARD1.5
MORTGAGE CALCULATOR
   

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Listed with Paradise Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 3/15/25 5:32 PM PDT 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

This IDX solution is (c) Diverse Solutions 2025.

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