Multi-Family Space For Sale @ 721 E 42nd Pl

721 E 42nd Pl, Los Angeles, CA 90011

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Matt K.

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Large 3-unit income producing property, conveniently located in Downtown Los Angeles, minutes from Exposition Park. 2 separate buildings each fenced with a spacious front lawn. The first building is a huge upstair/downstair combo features a 1 Bed/1 bath unit and another 2 Bed/1bath unit. The 2nd stand-along building is gated with its own private yard, like a single family home and consists of 3 Bed/ 1 bath. All 3 units are spacious and very well-kept with long term tenants. Owner have not raise rent in years, and this is why the rent is so low. Minimal maintenance, easy to manage with current cap rate at 5.37%. Not to be missed!.

Listing company: CBC Corporate

Pricing: $538,000

Availability: Now

Listing ID: 1595318


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Sale Price: $538,000

Type: Multi-Family Space

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