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

12446 Tejas Court, Rancho Cucamonga, CA 91739 Home For Sale - MLS #18339014 $1,075,000
Single Family
4 Bed, 2.5 Bath
23 Photos
427 Heliotrope Drive, Hollywood, CA 90004 House For Sale - MLS #18336348 $2,399,000
Multi-Family
9 Bed, 9+ Bath
30 Photos
6732 Hepburn Way, Hollywood, CA 90038 Home For Sale - MLS #18365720 $1,049,000
Single Family
3 Bed, 4 Bath
35 Photos
3524 Knoll Crest Avenue, View Park, CA 90043 Home For Sale - MLS #18390324 $909,000
Single Family
3 Bed, 2 Bath
54 Photos
6721 Hepburn Way, Hollywood, CA 90038 Home For Sale - MLS #18390092 $1,149,000
Single Family
3 Bed, 4 Bath
21 Photos

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

$1,099,900 1131 Browning, Los Angeles, CA 90037 House For Sale - MLS #18357762
3,187 sq. ft.
Posted 12 months, 13 days ago

3 UNITS walking distance to USC. ALL 3 units WILL BE VACANT at COE. A lot of redevelopment in the area. Please do not bother the tenants. Shown with offer subject to interior inspection. Please call listing agent for more info.




$480,000 960 45th Street, Los Angeles, CA 90037 House For Sale - MLS #18366118
1,405 sq. ft.
Posted 12 months, 13 days ago

Great investment property opportunity!!! Great condition, well kept and maintained by current owners and tenants. Centrally located near shops, bus, metro and schools. Agents bring your buyers. Don't miss out on this opportunity, property will not last. Buyer to do due diligence on property.




$515,000 1317 Exposition Boulevard, Los Angeles, CA 90018 House For Sale - MLS #SR18188860
1,520 sq. ft.
Posted 12 months, 13 days ago

Location, location. Great duplex, identical units. Perfect great investment property. Features 2bed/1bath each unit, a nice family room, kitchen and breakfast area. Within walking distance to University of Southern California and public transportation. Less than a mile from LA Coliseum and Natural History Museum. Will not last.




$495,000 1452 53rd Street, Los Angeles, CA 90062 House For Sale - MLS #18380054
1,776 sq. ft.
Posted 12 months, 13 days ago



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