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221 42nd Street
Los Angeles, CA 90037
Sold
**Fantastic Investment Opportunity! Duplex with Potential - $500,000** Probate Sell, Sold-As-Is WITH TENANTS IN PLACE, NO showings. Write offers subject two inspections. Welcome to this incredible investment property that offers endless potential for the savvy investor! Located in a highly desirable area, this duplex presents a unique chance to add value and maximize returns. The listing price of $500,000 ensures you can seize the opportunity to own this property and capitalize on the thriving real estate market in the area. - Type: Duplex Sec. 8 Rents - Front House: 3 bedrooms, 1.5 bathrooms Rent $1,300 - Back House: 3 bedrooms, 1 bathroom Rent $1,200 **Investor's Dream:** This duplex property is perfect for an investor buyer looking to make a smart investment. The property needs a full rehab, which allows you to unleash your creativity and design your ideal income-generating property. With a little TLC, you can transform this duplex into a highly desirable rental or even consider living in one unit while renting out the other to supplement your mortgage payments. **Prime Location:** The location of this duplex is simply unbeatable. Situated in a sought-after neighborhood with a strong housing market, it offers excellent potential for appreciation. Homes in the area are currently listed for sale at $900,000, highlighting the tremendous opportunity for future gains. **Endless Possibilities:** With both units featuring 3 bedrooms, these spacious living spaces have the potential to attract a diverse range of tenants. Whether you decide to renovate and modernize the interiors or maintain the charm of the existing layout, the flexibility is all yours. Take advantage of this rare chance to secure a duplex with tremendous investment potential. Opportunities like this don't come around often, so act quickly to make this property yours and start unlocking its value. *Please note that the information provided here is for marketing purposes only and is subject to change. Buyers are advised to conduct their own due diligence before making any purchasing decisions.*
PROPERTY INFORMATION
| MLS # | TR23141731 | Lot Size | 4,840 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 500,000
Price Per SqFt: $ 222 |
DOM | 643 Days |
| Address | 221 42nd Street | Type | Residential |
| City | Los Angeles | Sq.Ft. | 2,257 Sq. Ft. |
| Postal Code | 90037 | Garage | 1 |
| County | Los Angeles | Year Built | 1908 |
| Bed / Bath | 4 / 2 | Parking | 1 |
| Built In | 1908 | Status | Closed |
| Sold Date | 2024-04-12 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Fireplace | No |
| Fireplace Information | None |
| Room Information | All Bedrooms Down, Family Room |
| Has Cooling | No |
| Cooling Information | None |
| EntryLocation | front |
| Entry Level | 1 |
| Main Level Bedrooms | 6 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $533
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/12/2024 | Sold | $550,000 |
| 10/30/2023 | Pending | $500,000 |
| 08/01/2023 | Listed | $500,000 |
Topfind Realty
REALTOR®
(844)-333-8033
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Listing provided courtesy of Malika Boudreaux, Coldwell Banker Top Team. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
