259 W 42ND ST, Los Angeles, CA 90037
259 W 42ND ST, Los Angeles, CA 90037
259 W 42ND ST, Los Angeles, CA 90037
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$1,040,000
Est. payment /mo
4,800 Sqft Lot
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Sat Oct 17, 12:00pm - 4:00pm

Sun Oct 18, 1:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26221064

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1930

Lot Size 4,800 Sqft

Property Sub-Type Quadruplex

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

Area C36 - Metropolitan Southwest

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Parking Features Driveway

Pool None

Community Features Curbs, Park, Suburban, Sidewalks

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 5111018023

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, FHA

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, FHA

Special Listing Condition Standard


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Listed by Luis Amaya Realty ONE Group United 310-415-1784, DRE #01721969

NEARBY SCHOOL & BUSINESS

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