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822 W 42nd Place, Los Angeles, CA 90037

Property · 2 recorded sales since 2016

822 W 42nd Place, Los Angeles, CA 90037 Sold April 2024 CRMLS
$1,700,000Sold April 2024

Listing Agent: Naira Khnkoyan (DRE #01257038) · Listing Office: Platinum Realty Group Inc · Contact: 323-547-3555 · Bought with: Yosef 'Joseph' Khoshsima · THE Real Estate Agency · MLS #GD23212748 · Source: CRMLS

6,877 sqft
Lot Size
1914
Year Built
Property
Type
2
Stories
0
Garage

About this property

Great Investment Opportunity......fantastic income producing property. This well kept low maintenance 6 Unit apartment building consisting of four very large units each more than 1000 Sq, 2 bedrooms 1 bath and Two New Units of 3 bedroom 2 bath (950 sf each) (New Construction). Four of the units remodeled extensively around seven years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. Rents are currently below market value, 4 are vacant allowing upside in rental income for a new buyer to rent them. All separate electrical and gas meters. Property is approximately less than 1 mile away from the LA Memorial Coliseum, conveniently located to shopping, restaurants, freeways and public transportation. A must see!!!

Listing description from the April 2024 sale, as reported to CRMLS.

Sale history

$1,700,000
Sold April 2024 · listed $1,695,000, on market November 2023 · MLS #GD23212748 · Source: CRMLS
Listing Agent: Naira Khnkoyan · Listing Office: Platinum Realty Group Inc · Contact: 323-547-3555 · Bought with: Yosef 'Joseph' Khoshsima · THE Real Estate Agency
$552,000
Sold March 2016 · listed $580,000, orig. $525,000, on market November 2015 · MLS #15959693 · Source: CRMLS
Listing Agent: Parviz Peter Dalili · Listing Office: Home Team Realty · Contact: 310-539-4300 · Bought with: Martha Carrasco · Keller Williams North Valley
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