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259 W 42ND Street Los Angeles, CA $ 1,040,000
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$ 1,040,000 Get more info
259 W 42ND Street
$ 1,040,000
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259 W 42ND Street

Los Angeles, CA, 90037
$ 1,040,000
Bedrooms-- Baths2.0 Sq 2,077

Monthly Estimate*

$ 7,183

Listed by Luis Amaya, Realty ONE Group United, soldbyluisamaya@gmail.com
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Multi-Family Home for sale in Los Angeles, CA

for $1,040,000 with 2 full baths. This 2,077 square foot home was built in 1930 on a lot size of 0.1102.

RARE OPPORTUNITY TO OWN A FULLY VACANT, EXTENSIVELY RENOVATED FOURPLEX IN LOS ANGELES! An exceptional opportunity to own a beautifully remodeled fourplex with all four units delivered 100% vacant! This turnkey property has undergone extensive renovations, including a brand-new roof, updated plumbing and electrical systems, new windows, fresh stucco, and thoughtfully upgraded interiors throughout. One of the standout units is a beautifully appointed 2-bedroom, 1-bathroom residence, ideal for an owner-occupant, featuring stylish slim shaker cabinetry, elegant Taj Mahal countertops, and thoughtfully selected modern finishes. Enjoy the comfort of a newly renovated home while renting out the remaining three units to help offset your monthly mortgage payments. For investors, the rare combination of complete vacancy and extensive capital improvements presents an incredible opportunity to establish market rents from day one, without the complications of inherited tenants or costly renovations. The significant upgrades offer peace of mind and minimize anticipated near-term maintenance expenses. Whether you're looking to house hack by living in one unit and generating income from the other three, or seeking a turnkey multifamily investment with strong rental potential, this property offers exceptional flexibility and long-term upside. Four vacant units, extensive renovations, and the opportunity to live in style while your rental income helps pay the mortgage. A rare find in the Los Angeles market!

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Multi-Family Active

Price

$ 1,040,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1102

Year Built

1930

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26221064

Days on Market

1
Features
General
Sewer Public Sewer
Cooling None
Garage Spaces 0
Pool Features None
Year Built 1930
Tenant Pays Electricity
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 104000
Community Features Curbs Park Suburban Sidewalks
County Los Angeles
Net Operating Income 77000
Operating Expense 22900
Insurance Expense 4000
New Construction false
Property Type Residential Income
Contingency NONE - PROPERTY IS READY TO GO!!!
MaintenanceExpense 4000
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions SOUTH ON MAIN TURN LEFT ON 42ND ST
City Los Angeles
Entry Location FRONT
Senior Community Y/N false
Number Of Units Total 4
MLS Area C36 - Metropolitan Southwest
Lot Size Units Square Feet
Lot Size Square Feet 4801
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional Cal Vet Loan FHA
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 9600
Fuel Expense 0
Property Condition Updated/Remodeled Turnkey
Trash Expense 2250
Water Sewer Expense 2250
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 43
Total Actual Rent 8700
Property Sub Type Additional Quadruplex
Cap Rate 7.4
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Interior
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N false
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Driveway
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 4801
Number of Buildings 2
Building Area Total 2077
Lot Size Acres 0.1102
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Luis Amaya

Listing Agent

Realty One Group United

Broker

soldbyluisamaya@gmail.com

Email

Affordability Calculator

$7,183
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,183
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/12/2026$1,040,000 Listed Price

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259 W 42ND Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,040,000 with 2,077 sqft and a lot size of 0.1102. 259 W 42ND Street has 2.0 baths and was built in 1930. The property's zip code is 90037 which is in Los Angeles, CA

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