517 W 42nd, Los Angeles, CA 90037

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
517 W 42nd,Los Angeles, CA 90037
$1,149,000
  • - Beds
  • - Baths
  • 2,984 sq. ft.
  • Multi-family
  • Active
Listed by: alexandro colombo
Office: keller williams coastal prop.562-961-1400
MLS#:PW26183901
Source:CRMLS

Price summary

  • Price:$1,149,000
  • Price per sq. ft.:$385.05

About this home

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.

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Home facts

  • Year built:1924
  • Listing ID #:PW26183901
  • Added:37 day(s) ago
  • Updated:September 28, 2026 at 12:21 PM

Rooms and interior

  • Living area:2,984 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:2,984 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,149,000
  • Price per sq. ft.:$385.05
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