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' Two units with 5 bedrooms and 3 bathrooms, Two units with 4 bedrooms and 2 bathrooms, total of 4 units. 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 18 bedrooms and 12 bathrooms, this well-maintained and professionally managed property offers high-income potential in one of LA’s 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 balance—providing residents easy access to LA’s 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. Don’t miss out on this outstanding opportunity—schedule a viewing today!
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' Two units with 5 bedrooms and 3 bathrooms, Two units with 4 bedrooms and 2 bathrooms, total of 4 units. 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 18 bedrooms and 12 bathrooms, this well-maintained and professionally managed property offers high-income potential in one of LA’s 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 balance—providing residents easy access to LA’s 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. Don’t miss out on this outstanding opportunity—schedule a viewing today!
Property Details
Price:
$2,600,000
MLS #:
RS25056468
Status:
Active
Baths:
0
Address:
1401 W 42nd Place
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Mar 13, 2025
State:
CA
ZIP:
90062
Lot Size:
5,955 sqft / 0.14 acres (approx)
Year Built:
2018
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Schools
Interior
Accessibility Features
Parking
Appliances
Dishwasher, Gas Range, Water Heater
Fireplace Features
None
Flooring
Laminate
Heating
Central
Interior Features
Open Floorplan, Quartz Counters, Recessed Lighting
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Electric
Standard
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre, Level with Street
Parking Features
Driveway, Private
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Cable Available, Natural Gas Connected, Phone Available, Water Connected
Map
Community
- Address1401 W 42nd Place Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90062
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1401 W 42nd Place
Los Angeles, CA
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