686 42nd, Los Angeles, CA 90011

Description

**** This home is the lowest price per sq foot in the zip code, has ADU potential and Qualifies for Special Financing, rates as low as 5.5%, 3% down payment, reduced or eliminated PMI and more **** This Spacious Property with Income Potential has an expansive 2,654 sq. ft. and offers incredible versatility and opportunity. Listed as a 4-bedroom, 1-bathroom home on title, it currently functions as two separate units (7 bedrooms and 3 bathrooms total), making it perfect for multi-generational living or generating rental income. The first-floor unit features four bedrooms and two bathrooms with soaring 10-foot ceilings that create a bright and open atmosphere. Tile flooring throughout ensures durability and easy maintenance, while the roomy kitchen provides plenty of space for cooking and gathering. Modern recessed lighting and spacious bedrooms add to its charm. The second-floor unit, accessible through a private entrance, includes three bedrooms and one bathroom. This unit also offers parking for up to four vehicles, generous bedrooms (the largest measuring 13' x 16'), and recessed lighting for a welcoming feel. Additional features include leased solar panels, helping to reduce energy costs while contributing to sustainability. While some TLC is needed, this property is brimming with potential for customization. Whether you’re looking to live in one unit and rent the other or maximize the investment potential of this spacious lot with the addition of an ADU, the possibilities are endless. Conveniently located less than two miles from Exposition Park, the LA Coliseum, BMO Stadium, museums, and USC, this home places you in the heart of vibrant Los Angeles. With easy access to the 110 and 10 freeways, you'll enjoy seamless connectivity to everything the city has to offer. Don’t miss this rare opportunity to own a property with so much to offer. Call today for more information!

Features

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• 0.12 Acres
• 1 Story