For Sale Multi-Family MLS# SB26221064

259 W 42ND Street

Los Angeles, CA 90037

$1,040,000

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About 259 W 42ND Street

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!

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1930
Stories
1
Living area
2,077 sqft
Price / sqft
$501
Lot
0.1102
Original price
$1,040,000
MLS #
SB26221064

Interior

Laundry
Inside

Exterior & lot

Features
Parking spaces: 0
Construction
1
Lot
5111018023
Parking
Driveway

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
5111018023
Special conditions
Standard

Location

Area
C36 - Metropolitan Southwest
County
Los Angeles
Neighborhood
Historic South Central
Directions
SOUTH ON MAIN, TURN LEFT ON 42ND ST

Ask about this property

Questions on 259 W 42ND Street, Los Angeles, CA 90037, or want to see it in person?

Listed by Luis Amaya, Realty ONE Group United

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.