259 W 42ND Street, Los Angeles, CA 90037
259 W 42ND Street, Los Angeles, CA 90037
259 W 42ND Street, Los Angeles, CA 90037
259 W 42ND Street, Los Angeles, CA 90037
259 W 42ND Street, Los Angeles, CA 90037
259 W 42ND Street, Los Angeles, CA 90037
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$ 1,040,000
Est. payment | /mo

5 Beds

5 Baths

4,801 Sqft Lot


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$ 1,040,000
Est. payment | /mo
Save

5 Beds

5 Baths

4,801 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26221064

Bedrooms 5

Lot Size 4,801 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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!

Location

State CA

County Los Angeles

Zoning Assessor

Direction SOUTH ON MAIN, TURN LEFT ON 42ND ST

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 5111018023

Acceptable Financing Cal Vet, Cash, Conventional, FHA

Listing Terms Cal Vet, Cash, Conventional, FHA

MLS Router / San Diego MLS
Listed by Luis Amaya, DRE#01721969 Realty ONE Group United 

Schools and Properties Nearby

Kevin O'keefe

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 260-9001

kevin.okeefe@lptrealty.com

10620 Treena St Ste 230, San Diego, CA 92131-1140, USA

Learn More About LPT Realty

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259 W 42ND Street