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1324 E 42nd StreetLos Angeles, CA 90011

For Sale

$1,388,000

Smart Buyer Rebate $13,880

Exciting opportunity to own a modern duplex with two units, each featuring 5 bedrooms and 3 bathrooms. Individual gas, electric, and water meters for each unit. 1326 E 42nd includes a 2-car garage with alley access, while 1324 offers a 1-car garage and additional driveway parking. Not rent control property! current month-to-month tenants. Well-designed floorplans and potential for increased rents. Conveniently located near shopping centers, diverse restaurants, University of Southern California, and cultural attractions. Act now to seize this unique opportunity!

Listed by Cayenne Kuang

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License #01231003

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Spectrum Realty

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949-872-7700

Last updated January 13, 2025

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Source: CRMLS #OC24143587

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Alameda
  • Days on Prevu417

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/17/2024
Status changed to Active
$1,388,000
09/17/2024
Status changed to Removed from Feed
$1,388,000
07/16/2024
Listed by Spectrum Realty
$1,388,000

Property Details for 1324 E 42nd Street

Association

Amenities

  • Community Features: Street Lights, Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 2018
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Front door

Measurements

  • Building Area Total: 3,726
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,014
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,014
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.9
  • Gross Income: $91,200.00
  • Operating Expense: $5,088.00

Taxes

  • Parcel Number: 5116003010

Other

Location

  • Tax Block: D
  • Tax Lot: 9

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Open Parking Spaces: 6
  • Parking Features: Direct Access, Driveway, Garage
  • Parking Total: 9

Utilities

Equipment

  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.