955 W 42nd Street, Los Angeles, CA 90037
Property
Sold December 2023
Listing Agent: Michael R. Fukushima (DRE #01380445) · Listing Office: Keller Williams Los Angeles · Contact: 213-797-7000 · Bought with: Noe Blanco · RE/MAX Alliance Group · MLS #23296960 · Source: CRMLS
About this property
Value-Add Investment Opportunity! The subject property is a two story multifamily quadplex consisting of all 1 Bedroom + 1 Bathroom units. The property is well located near Exposition Park and the area has significant investment in recent years. These investments include, the George Lucas Museum of Narrative Art, BMO Stadium, expansion of the Los Angeles Natural History Museum, and the multitude of apartment projects along Figueroa St. The building is 4,072 Sq. Ft. with units averaging over 1,000 Sq. ft. each. Potential opportunity to convert 1 bed units into 2 bed units to achieve higher rents. Property is accessible by an alley in the rear and has room enough for 4 car parking spaces. Potential to build ADU in rear. *Buyer to verify all information* Drive by only, do not disturb tenants.
Listing description from the December 2023 sale, as reported to CRMLS.
Sale history