972 W 42nd Pl Los Angeles, CA 90037

Agent Remarks: LOCATION! Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! Original 1920's vintage charm. Separately metered for gas and electric. Tenants pay for all utilities except water. Large sized units with their own washer and dryer hook ups. This property is gated for privacy - priced to sell! Conveniently located within walking distance to shopping centers, grocery stores, restaurants, coffee shops, banks, parks, gas stations, DMV, Metro Exposition Line, schools, USC, The Village, Exposition Park, Banc of California Stadium, museums - including the massive under construction $1 Billion Lucas Museum of Narrative Art with an expected completion date in early 2021! Easy access to major freeways, less than 5 miles to downtown LA. Well maintained property with low maintenance and long-term tenants that always pay their rent on time – even amidst this pandemic! Need to complete a 1031 exchange? Look no further. Start collecting income right away! Great for seasoned investor or first time buyer. Zoned R4 for the perfect development opportunity. Great upside rental potential in this highly metropolitan location! Area undergoing a major revitalization filled with exciting new developments all around. Please do not disturb tenants. Property will be delivered occupied with existing tenants. PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS! Listing info deemed reliable but not guaranteed. No warranties expressed or implied.

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