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Rick J Lee

rjlrealtygroup@gmail.com +1(714) 943-1598

$ 995,000

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795 E 42nd PL Los Angeles, CA 90011

5,192 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID HD25244618

HOA Y/N No

Year Built 2007

Lot Size 5,192 Sqft

Property Sub-Type Single Family Residence

Property Description

Incredible Income Opportunity in South LA that MUST BE SEEN! Welcome to the seller's SPACIOUS HOME with a LOWER PRICE offering MULTI-UNIT-STYLE living with excellent rental income POTENTIAL. Perfect for investors or extended FAMILIES, this versatile property is located just minutes from Downtown LA. The Residence features 3 Master Bedrooms and multiple living spaces including ( 4-Great BEDROOMS and 3-BATH ) 1-Bed, 1-Bath is on the Main Floor. RARE INVESTMENT opportunity! that on the First Floor one master bedroom has been converted into a Studio Apartment with its own kitchenette, on the Second Floor Conversion, one master bedroom has been converted into a 2-Bedroom, 1-Bath UNIT with its own combined living-dining area. Each Living Space Features its OWN SEPARATE ENTRANCE, providing FLEXIBLE USE options: Such as Multi-Family Living with 3,027 Sqft, 2 reliable income streams already in place or a better future just generating INCOME. PLUS a beautiful elevated cityscape VIEW of Los Angeles Skyline. PARKING!! 6 GATED PARKING SPACES in the back and carport for two, an ample front yard, with driveway for EXTRA parking in the front. A (LAR2 Zoned) Lot offers further potential for ADU or expansion (buyer to verify with city). This is a RARE find with FLEXIBLE use options and reliable income streams already in place. Conveniently located near major freeways, schools, public transportation and local amenities.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR2

Rooms

Other Rooms Outbuilding, Storage

Interior

Interior Features Granite Counters, Bedroom on Main Level, Jack and Jill Bath, Main Level Primary, Primary Suite

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Disposal

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Concrete, Door-Multi, Detached Carport, Driveway Level, Garage Faces Front, Garage, Garage Faces Rear, RV Potential, Storage

Garage Spaces 4.0

Carport Spaces 2

Garage Description 4.0

Pool None

Community Features Park, Street Lights, Sidewalks, Urban

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N Yes

View City Lights, Landmark, Panoramic

Accessibility Safe Emergency Egress from Home

Total Parking Spaces 10

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Additional Building Outbuilding, Storage

New Construction No

Others

Senior Community No

Tax ID 5115005022

Energy Description 80.0

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Private Financing Available, Submit

Listing Terms Cash, Cash to New Loan, Conventional, FHA, Private Financing Available, Submit

Special Listing Condition Standard

Virtual Tour https://video214.com/play/0aXcPbKn0pEMLuQnoKRxUw/s/dark

Listed by Karen Fuentes CENTURY 21 LEADERS REAL ESTATE 626-298-4061

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

Rick J Lee

795 E 42nd PL Los Angeles, CA 90011

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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795 E 42nd PL