$1,149,000

517 W 42nd, Los Angeles, CA 90037

2 beds |
4 baths

Multi-Family Home
Built in ——
4,800sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

NEW PRICE $1,149,000. 517 W 42nd Place is a renovated six-unit multifamily property located just south of USC and Exposition Park. At the new pricing, the property generates approximately $113,618 in current gross scheduled income, producing a 6.02% current cap rate and 10.14 GRM, with approximately 6.2% additional rent upside. Renovated in 2020 with updated kitchens, bathrooms, flooring, interiors, and exterior improvements. The unit mix consists of four 1BR/1BA units and two studios across two buildings, including two larger townhouse-style one-bedroom units in the rear structure. Recent property cleanup includes repaired perimeter fencing and refreshed common areas. $191,500/unit. OM, rent roll, and financials available upon request. Contact listing broker for showing instructions.

Listing Status:: Active
Date Added:: August 21, 2026
Data Last Updated:: October 8, 2026 at 9:11PM
Listing Office:: Keller Williams Coastal Prop. : 562-961-1400
Listing Agent:: Alexandro Colombo : 310-978-7950
MLS ID:: PW26183901

Pool: N/K

Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Other5019015012

Source: California Regional MLS

This listing courtesy of Alexandro Colombo , Keller Williams Coastal Prop.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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