United StatesCaliforniaLos AngelesVermont Square1401 West 42nd Place

1401 West 42nd Place 1401 West 42nd Place Los Angeles, California 90062 United States

$2,600,000
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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 with 5...

Paradise Realty

Listing Courtesy of Paradise Realty, Email/Phone : 7147942489
$2,600,000
Change Currency
567 m²
Exterior
Residential Income
Property type
2018
Year Built
RS25056468
Web Id
RS25056468
MLS ID
Los Angeles Unified
School District
50
days ago

About 1401 West 42nd Place

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 with 5 bedrooms and 3 bathrooms. 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 20 bedrooms and 12 bathrooms, this well-maintained and professionally managed property offers high-income potential in one of LAs 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 balanceproviding residents easy access to LAs 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. Dont miss out on this outstanding opportunityschedule a viewing today!

Listing Courtesy of Paradise Realty, Email/Phone : 7147942489

Amenities

  • Dishwasher
  • Laminate Flooring
  • heating/cooling

features

cooling
Central Heat, Propane Heating, Central Air
Parking
Car Port, Driveway, Parking
Community
Sidewalks

PROPERTY INFORMATION

Appliances
Dishwasher, GasRange, WaterHeater
Community Info
Curbs, StormDrains, StreetLights, Sidewalks
Cooling
CentralAir
Garage Info
0
Heating
Central
Parking Description
Driveway, Private
Sewer
PublicSewer
Water
Public

EXTERIOR

Lot Description
TwoToFiveUnitsAcre, StreetLevel

INTERIOR

Flooring
Laminate
Interior Features
OpenFloorplan, QuartzCounters, RecessedLighting, WalkInClosets

ADDITIONAL INFORMATION

Number of Units
4
Listing Courtesy of Paradise Realty, Email/Phone : 7147942489

Paradise Realty

Listing Courtesy of Paradise Realty, Email/Phone : 7147942489
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