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965 W 42nd Pl, Los Angeles, CA 90037


  • For Sale
  • Active
  • Multi-Family
965 W 42nd Pl, Los Angeles, CA 90037 View this property at 965 W 42nd Pl, Los Angeles, CA 90037
965 W 42nd Pl Los Angeles CA 90037

Property Description

Incredible opportunity! 1BR 1BA plus 2BR 2BA plus 4BR 1BA Triplex! 965 AND 965.5 AND 965.25 W. 42nd Place! Please DO NOT DISTURB OCCUPANTS! Substantially underperforming! Offers subject to inspection. Drive by only! DO NOT DISTURB OCCUPANTS. NEW ROOF, NEW DUAL GLAZED VINYL WINDOWS, NEW EXTERIOR PAINT, NEW INTERIOR PAINT 965 1/4. Rare 7 bedroom 4 bath Triplex Market Rent would be $1400+$2400(for 2BR2BA)+$2900(for 4BR1BA) =$6700/mo MARKET RENT TODAY! Do the math X 12 mo = $80,400 GROSS RENT (If you can get today's market) projected to increase for the next several years! HERO loan to complete windows and roof. List price reflects HERO loan assumed by buyer.5%vacancy&1.75% of SP (subtract as expenses) AGI=$65,967.5 =11.086% cap rate!

Full Property Details for 965 W 42nd Pl

  • Price: $595,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 17-279880
  • Updated: 12/19/2017
  • Added: 98 day(s) ago

Property History

  • 965 W 42nd Pl, Los Angeles, CA
  • Listed at $595,000 on 10/12/17


  • Appliances: Refrigerator, Vented Exhaust Fan
  • Cooking Appliances: Range Hood, Microwave, Range


  • Parking Type: Above Street Level Parking, On-Street Parking


  • Area: Los Angeles Southwest (C34)
  • County: Los Angeles
  • Development Name: Los Angeles Southwest (C34)
  • Cross Streets: VERMONT/MLK
  • Driving Directions: MLK Jr Blvd to S. Vermont towards 42nd, Left on 42nd.


  • Mgmt. Company: OWNER

Heating & Cooling

  • Heating Type: Wall Heater


  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • # Buildings: 1
  • Square Feet: 2,597
  • Year Built: 1903

Unit Information

  • Units w/Carpet: 3
  • Units w/Refrigerators: 1
  • Units w/Range/Oven: 2
  • Units w/Patios: 2

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Sq. Ft.): 2,764
  • Lot Size Source: Public Records
  • Alley: N
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $229.11
  • Terms: FHA Loan, Owner May Carry, Submit, VA Loan

Disclosures and Reports

  • Legal Disclosures: Take Property As Is, Rent Control

Listed by Keller Williams Beverly Hills, Jeffrey Hill - CA DRE: 00951972

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Schools serving 965 W 42nd Pl

School District:
Los Angeles Unified School District
School Name
Menlo Avenue Elementary School
4156 Menlo Ave, Los Angeles, CA 90037
0.1 mi
Obama Global Preparatory Academy
1700 W 46th St, Los Angeles, CA 90062
1.1 mi
Manual Arts Senior High School
4131 S Vermont Ave, Los Angeles, CA 90037
0.2 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Estimate the Cost

965 W 42nd Pl will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

965 W 42nd Pl, Los Angeles, CA 90037 (MLS# 17-279880) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 965 W 42nd Pl is currently listed for $595,000 and was received on October 12, 2017. Want to learn more about 965 W 42nd Pl? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

Listed by Keller Williams Beverly Hills, Jeffrey Hill - CA DRE: 00951972