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Los Angeles, CA 90011 1324 E 42nd Street

$1,488,800

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Presented By: Cayenne Kuang with Spectrum Realty; 949-872-7700
  • MLS# OC24005986
  • 01/11/2024
  • Request Tour
  • Request Info
  • BedBeds • 10
  • BathBaths • 6
  • FootageSQFT • 3,726
  • GarageGarage • 3

Home Details

Exciting opportunity to own a modern duplex with two units, each featuring 5 bedrooms and 3 bathrooms. Individual gas, electric, and water meters for each unit. 1326 E 42nd includes a 2-car garage with alley access, while 1324 offers a 1-car garage and additional driveway parking. Not rent control property! current month-to-month tenants. Well-designed floorplans and potential for increased rents. Conveniently located near shopping centers, diverse restaurants, University of Southern California, and cultural attractions. Act now to seize this unique opportunity!
Presented By: Cayenne Kuang with Spectrum Realty; 949-872-7700

Interior Features for 1324 E 42nd Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 1324 E 42nd Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.9
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks, Urban
CountyLos Angeles
Days on Market15
DirectionsCross Roads: Hooper Ave/ E 42nd St
Electric Expense0.0
Entry LocationFront door
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income91200.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1530.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet5014.0
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income72657.81
New ConstructionNo
Open Parking Spaces6.0
Operating Expense5088.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street Name42nd
Tax Lot9
Total Units2
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built2018
Year Built SourceAssessor
ZoningLAR2

Exterior for 1324 E 42nd Street

Building Area Total3726.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1151
Lot Size Area5014.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesDirectAccess, Driveway, Garage
SpaNo
Total Parking9.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,488,800
MLS#OC24005986
List Date 01/11/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors