1124 W 42Nd Street

Los Angeles, CA 90037

PRICE REDUCED

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-$100,000 (-8.34%)

$1,099,000

List Price

8

bed Beds

4

shower Baths

3,406 sqft

straighten / sqft

1922

calendar_month Built

Property Description

Calling all Developers, Investors and builders!!! VACANT 4 unit corner lot building with RTI plans for a 5th unit. Each unit has 2 bedrooms and 1 bath approx 800sqft each. Each unit projected $2500/mo with the 5th RTI unit projected at $2700-$3000/mo for a total of approx $13,000/mo. Tear down option.... Possible potential to build 28 units with the new codes .... please check with the city. Some areas of the units are remodeled and others gutted. Easy to show. Minutes from USC and The Natural History Museum. Call for more details. Seller is open to all offers...all creative financing ideas... all seller building options!!!

Listing Information

List Price $1,099,000
Status Active
MLS 24416933
Type Residential Income
Year Built 1922
Lot Size 5,067
Structure Size 3,406
DOM 81
Courtesy Of Compass
Listing Agent Michael Bergin DRE#01845572
Co-Listing Agent Mario Ortega DRE#02185127

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 4
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features Front Porch
View Yes

Maps

Listing information courtesy of: Michael Bergin, Mario Ortega, Compass 310-600-0715. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 7th, 2024 at 6:41 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.