1401 W 42nd Place new

Los Angeles,CA 90062

$ 2600000

- Bed

- Bath

5952 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,952 sqft

Price per Sqft $436

MLS Listing ID CRRS25056468

HOA Y/N No

Originating Board Datashare California Regional

Year Built 2018

Lot Size 5,955 Sqft

Property Sub-Type Quadruplex

Property Description

Prime Investment Opportunity Near Downtown Los Angeles! This exceptional multi-unit investment property, built in 2019, offers 5,953 sq. ft. of living space in a prime location near DTLA. The property consists of four spacious units; Two units with 5 bedrooms and 3 bathrooms, Two units with 4 bedrooms and 2 bathrooms, total of 4 units. Conveniently located just 1.5 miles from USC (a 5-minute drive) and 4 miles from the LA Convention Center (a 10-minute drive), this property is ideal for renters seeking proximity to key city hubs. With 18 bedrooms and 12 bathrooms, this well-maintained and professionally managed property offers high-income potential in one of LA’s most sought-after rental markets. Additionally, its prime location ensures a steady influx of tenants, thanks to the abundance of nearby job opportunities and prestigious educational institutions. Beyond its investment value, this property offers the perfect work-life balance—providing residents easy access to LA’s vibrant business districts, entertainment, dining, and cultural attractions. Furthermore, its prime location presents future redevelopment opportunities, making it an excellent choice for investors looking for both strong rental returns and long-term appreciation. Don’t miss out on this outstanding opp

Location

State CA

County Los Angeles

Interior

Heating Central

Flooring Laminate

Fireplace No

Laundry Gas Dryer Hookup,Laundry Closet,Other,Inside

Exterior

View None

Handicap Access Other

Building

Lot Description Other

Water Public

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