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Listed by Jonathan Park • Paradise Realty
$ 2,600,000
Est. payment /mo
New
1401 W 42nd Place Los Angeles, CA 90062
5,952 SqFt
UPDATED:
03/14/2025 08:48 PM
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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