259 W 42nd St

Los Angeles, CA 90037
  • $1,040,000

    Price
  • 5

    Bed
  • 5

    Bath
  • 2,077

    SqFt
  • 0.11

    Acre

Open House Times

  • Sat. Oct. 17 at 12:00pm to 4:00pm
  • Sun. Oct. 18 at 1:00pm to 4:00pm

About the Listing SB1312000 - SBAMAYLUI

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!

Listing Highlights for 259 W 42nd St

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® SB26221064
Year Built 1930
Total Square Footage 2,077
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 5
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others: Updated/Remodeled,Turnkey,2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5111018023
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Listing Location

Questions About..

259 W 42nd St Los Angeles, CA 90037

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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