1401 W 42nd Place
Los Angeles, CA 90062
- 9 beds
- – baths
- 5,952 sqft
- 5,955 sqft lot
- $436 per sqft
- 2018 build
- – on site
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 opp
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Last updated Apr 16, 2025
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MLS# CRRS25056468 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2018
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Building Area Units:Square Feet
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Accessibility Features:Other
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Other Equipment:Other
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Building Area Total:5952
Interior
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Flooring:Laminate
Room Dimensions
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Living Area:5952
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Living Area Units:Square Feet
Location
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Directions:Normandie Ave & 42nd Pl
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Other
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Parcel Number:5021016050
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Zoning:LARD
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Lot Features:Other
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Lot Size Area:0.14
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Lot Size Acres:0.14
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Lot Size SqFt:5955
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (714) 794-2489
Taxes
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Tax Tract:2316.01
Beds
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Bedrooms Total:9
The Listing
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Listing Terms:1031 Exchange
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Appliances
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Laundry Features:Gas Dryer Hookup
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:8
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/14/25
Mar 14, 2025
|
Listed / Active | BRIDGE | $2,600,000 | |
|
8/30/23
Aug 30, 2023
|
Price Changed | BRIDGE | ||
|
8/8/23
Aug 8, 2023
|
Listed / Active | BRIDGE |
