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$1099000   Price Analysis
Agent Details  share icon     map icon  QR
872 W 42nd Pl
Los Angeles, CA 90037
5 bed 5 bath 2885 SqFt ($380/SqFt)
6609SqFt lot. Built 1909
Listed 2024-07-13, Taxes $9653
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Unlock a Golden Investment Opportunity!

Sellers are highly motivated to sell this incredible multi-residential 4-Plex in a vibrant and fast-growing neighborhood. This property presents a fantastic investment opportunity, located close to USC and the Coliseum, with easy access to Downtown and freeways. Imagine the possibilities with 3 unts delivered vacant at the Close of Escrow; perfect for r enovation and creating multiple streams of income.

With 2, 885 sq. ft. of living space on an over 6, 600 sq. ft. lot, the property is Zoned LAR3 TOC Tier 3 with potential to build 14 units or ADU. Please check with the city of Los Angeles. Buyer and buyer's agents are advised to independently verify and satisfy themselves with ALL MLS information, including permits, bed/bath counts and square footage through their own research, inspection or with appropriate professionals. This property is your chance to turn potential into profit. Don't miss this golden opportunity!


Presented by Kimberly Stuart at
LeMark Realty.
Listing Agent Photo

Property MLS #24-413769 from TheMLSCLAW

Bedrooms: 5

Total Bathrooms: 5
Full Bathrooms: 5

Heating Features: Wall

Lot Size Acres: 0.1517218
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6609

Garage Spaces: 21
Garage Description: Garage - 2 Car, Garage, Garage - 1 Car
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 4
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 2800, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2400, 3 BathsTotal: 1, 3 SquareFeet: 1900, 4 BathsTotal: 1, 4 SquareFeet: 1900

Tenant Pays: Gas, Electric, Cable TV

Source Listing Status: Active
County: Los Angeles
Directions: West of Vermont & 42nd Place
Source Property Type: Residential Income
Area: Los Angeles Southwest
Source Neighborhood: Los Angeles Southwest
Parcel Number: 5019-006-026
Postal Code Plus 4: 2565
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$160901 + $618874
$779775
$9653
2021$157747 + $606740
$764487
$9525
2020$156130 + $600519
$756649
$9618
2019$153069 + $588745
$741814
$9248
2018$191400 + $478600
$670000
$8427
2017$160000 + $400000
$560000
$7095
2016$150000 + $375000
$525000
$6627
2015$98900 + $369100
$468000
$5949
2014$87700 + $327300
$415000
$5460
2013$75000 + $280000
$355000
$4743
2012$51600 + $198400
$250000
$3564
2010$51600 + $198400
$250000
$8562
2009$132600 + $510000
$642600
$8326
2009$132285 + $508791
$641076
$8326
2008$25180 + $19576
$44756
$1257
2007$24687 + $19193
$43880
$1162

Listed 2024-07-13
$1099000
TheMLSCLAW

Net Operating Income: 67375

Total Square Feet Living: 2885
Year Built: 1909
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 115
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced

Menlo Avenue Elementary School is a public elementary school located approximately 0.1 miles away.
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Manual Arts Senior High School is a public high school located approximately 0.3 miles away.
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Barack Obama Global Preparation Academy is a public middle school located approximately 1.2 miles away.
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St. Cecilia Elementary School is a private elementary and middle school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.