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955 42nd Street

Los Angeles, CA 90037

$1,000,000 Sale Price
Est. Payment: $ 0/mo
4
Bed
0
Bath
4,072 Sq. Ft.
$246 / Sq. Ft.
Sold

955 42nd Street

Los Angeles, CA 90037

Sold
$1,000,000 Sale Price
$0/mo
4
Bed
0
Bath
4,072
Sq. Ft.
Value-Add Investment Opportunity! The subject property is a two story multifamily quadplex consisting of all 1 Bedroom + 1 Bathroom units. The property is well located near Exposition Park and the area has significant investment in recent years. These investments include, the George Lucas Museum of Narrative Art, BMO Stadium, expansion of the Los Angeles Natural History Museum, and the multitude of apartment projects along Figueroa St. The building is 4,072 Sq. Ft. with units averaging over 1,000 Sq. ft. each. Potential opportunity to convert 1 bed units into 2 bed units to achieve higher rents. Property is accessible by an alley in the rear and has room enough for 4 car parking spaces. Potential to build ADU in rear. *Buyer to verify all information* Drive by only, do not disturb tenants.
PROPERTY INFORMATION
MLS # 23296960 Lot Size 5,747 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,000,000
Price Per SqFt: $ 246
DOM 641 Days
Address 955 42nd Street Type Residential Income
City Los Angeles Sq.Ft. 4,072 Sq. Ft.
Postal Code 90037 Garage N/A
County Los Angeles Year Built 1916
Bed / Bath 4 / 0 Parking 4
Built In 1916 Status Closed
Sold Date 2023-12-18
INTERIOR FEATURES
Has Cooling No
Cooling Information None
Has Spa No
SpaDescription None
SecuritySafety Gated Community
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
  Walk Score: 86 (Very Walkable)
  Transit Score: 63 (Good Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,067
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
10/10/2023 Active Under Contract $1,000,000
08/02/2023 Listed $1,025,000
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Listing provided courtesy of Michael R. Fukushima, Keller Williams Downtown LA. 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.
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