872 W 42Nd Place

Los Angeles, CA 90037

PRICE REDUCED

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-$99,001 (-9.01%)

$999,999

List Price

5

bed Beds

5

shower Baths

2,885 sqft

straighten / sqft

1909

calendar_month Built

Property Description

MAJOR PRICE REDUCTION $100,000 K!!!! 3 Units delivered vacant!!! Sellers are Motivated to sell this incredible multi-residential 4-Plex in a vibrant and fast-growing neighborhood. 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 units delivered vacant at the Close of Escrow; perfect for renovation 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!

Listing Information

List Price $999,999
Status Active Under Contract
MLS 24413769
Type Residential Income
Year Built 1909
Lot Size 6,609
Structure Size 2,885
DOM 103
Courtesy Of LeMark Realty
Listing Agent Kimberly Stuart DRE#01438945
Co-Listing Agent David Thomas DRE#01179659

Interior Features

Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 5
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Kimberly Stuart, David Thomas, LeMark Realty 213-713-7322. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 23rd, 2024 at 3:35 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.