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Listed by: Alex Colombo (310) 978-7950 DRE #01927702 | Keller Williams Coastal Prop. (562) 961-1400
$1,190,000
4 Beds
6 Baths
2,984sqft
517 W 42Nd, Los Angeles, CA 90037
$1,190,000
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Apartment
Built in 1924
$-- HOA
4,800 sqft lot
$399/sq.ft
Description
517 W 42nd Place is a renovated six-unit multifamily property located just south of USC and Exposition Park. The property consists of four 1BR/1BA units and two studios across two separate buildings, including two larger townhouse-style one-bedroom units in the rear structure. Renovated in 2020 with updated kitchens, bathrooms, flooring, interiors, and exterior improvements. Current gross scheduled income is $113,618, producing a 5.77% current cap rate and 10.50 GRM at the asking price. The existing rent roll offers approximately 6.2% additional rent upside. One renovated one-bedroom unit is currently available for lease at $1,995/month.
- Houzeo last checked: 36 minutes ago
- Listing updated: August 21, 2026 at 9:53 pm
- Source: California Regional MLS-CA | MLS#: PW26183901
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1924
HOA Fees
-
Finished Area
2,984 sqft
Lot Size
4,800 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26183901
MLS Status
Active
Days on Market
2
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