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955 42nd Street
Los Angeles, CA 90037
Sold
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 | 667 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
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,067
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/10/2023 | Active Under Contract | $1,000,000 |
| 08/02/2023 | Listed | $1,025,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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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.
