Southern California Logo

965 42nd Place, Los Angeles, CA 90037

7 Bed, 4 Bath Multi-Family Home For Sale

965 42nd Place, Los Angeles, CA 90037 House For Sale - MLS #17279880
Under Agreement
$595,000
7
4
Multi-Family
3 Family
This listing is courtesy of Jeffrey Hill from Keller Williams Beverly Hills.

Property Description for 965 42nd Place, Los Angeles, CA 90037

Incredible opportunity! 1BR 1BA + 2BR 2BA + 4BR 1BA Triplex! 965 AND 965.5 AND 965.25 W. 42nd DO NOT DISTURB OCCUPANTS! Substantially underperforming! Offers subject to inspection. Drive by only! NEW ROOF, NEW DUAL GLAZED VINYL WINDOWS, NEW EXTERIOR PAINT, NEW INTERIOR PAINT @ 965 1/4. Rare 7 bedroom 4 bath Triplex Market Rent projected $1400+$2400(2BR2BA)+$2900(4BR1BA) =$6700/mo MARKET RENT TODAY! Do the math X 12 mo = $80,400 GROSS RENT (When you obtain today's market) projected to increase for the next several years! HERO loan used to complete windows and roof. List price reflects HERO loan assumed by buyer. (5%vacancy &1.75% of SP subtract as expenses) AGI=$65,967.5 =11.086% cap rate! Cash Flow!

Interior Details

2,597 sq. ft.
$229.11/sq. ft.

Exterior Details

0.06 acres
2,764 sq. ft.

Other Details

17279880
1903

Units Description

Unit #1
Bedrooms: 1      Full / Half Baths: 1      Rent: $1,400     

Unit #2
Bedrooms: 2      Full / Half Baths: 2      Rent: $1,101     

Unit #3
Bedrooms: 4      Full / Half Baths: 1      Rent: $1,936     

Create a free account to see additional details for this home (school information, taxes, exterior details, etc...)

Request more information or Schedule an Appointment

We are dedicated to meeting all your needs in a prompt manner. In most cases, we will call you back the same day or at the most 24 hours.








Create a free account for me

Homes For Sale Near 965 42nd Place, Los Angeles, CA 90037

231 46th Street, San Diego, CA 90037 Home For Sale - MLS #SR18006054 $379,000
Single Family
2 Bed, 1 Bath

707 Vernon Avenue, San Diego, CA 90037 Home For Sale - MLS #18346714 $429,900
Single Family
4 Bed, 2 Bath
3 Photos
737 53rd Road, San Diego, CA 90037 House For Sale - MLS #18356748 $524,900
Multi-Family
3 Bed, 2 Bath
34 Photos
965 43rd Place, San Diego, CA 90037 House For Sale - MLS #18358842 $560,000
Multi-Family
7 Bed, 2 Bath

606 53rd Street, San Diego, CA 90037 House For Sale - MLS #SR18152306 $460,000
Multi-Family
2 Bed, 1 Bath
12 Photos

Listings Similar to 965 42nd Place, Los Angeles, CA 90037

$795,000 1601 59th Place, Los Angeles, CA 90047 House For Sale - MLS #15898485
1,236 sq. ft.
Posted 9 months, 13 days ago

BACK ON THE MARKET!!! BACK ON THE MARKET! Four One Bedroom Courtyard cottages. Each features a Living Room, Full Service Kitchen with a nook and a back porch with a sink. Bathroom has a Tub and a Shower. Perfect for living in one and renting the rest, waiting for the right buyer or investor. Offer subject to inspection.




$545,000 9511 Budlong Avenue, Los Angeles, CA 90044 House For Sale - MLS #18313458
1,680 sq. ft.
Posted 9 months, 13 days ago

Recently remodeled by seller! A great property on a great street in a rapidly redeveloping area of Los Angeles. Developer's dream! 50x165' (8200 sq ft) lot zoned LCR3 for potential multi unit project. Excellent income! Bring your developers or investors for this one. Priced to sell very fast.




$511,000 1453 53rd Street, Los Angeles, CA 90062 House For Sale - MLS #18339340
1,696 sq. ft.
Posted 9 months, 13 days ago

Fabulous side-by-side duplex in great shape...fenced front and back yard...formal dining rooms...one unit is Section 8...the other unit is occupied by a long term tenant




$455,000 8719 Orchard Avenue, Los Angeles, CA 90044 House For Sale - MLS #SR18134748
1,610 sq. ft.
Posted 9 months, 13 days ago

Triplex in the Westside of Los Angeles. Building is 1,610 square feet and lot is 6,004. Each unit has 1 bedroom, 1 bath. 1 unit will be delivered vacant, perfect to live in one and rent the others. Each unit offers spacious living room, dining area, kitchen with lots of cabinet space, large Master bedroom with walk-in closet and private full bathroom. Each with its own electrical panel, gas...

Read More


My Notes

Save Favorites

Keep Notes

Create a free account to track your favorite listings

Mortgage Calculator


(20%)

Monthly Mortgage Payments

$2,703
$3,764

Town Description

Los Angeles is subject to earthquakes due to its location on the Pacific Ring of Fire. The geologic instability has produced numerous faults, which cause approximately 10,000 earthquakes annually. One...

Read More