517 W 42nd, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
517 W 42nd,Los Angeles, CA 90037
$1,129,000
  • - 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:$1,129,000
  • Price per sq. ft.:$378.35

About this home

NEW PRICE: $1,129,000 | 5.96% CURRENT CAP | $188,167 PER UNIT 517 W. 42nd Place is a fully occupied, renovated six-unit multifamily property in Los Angeles, offered at $1,129,000. At the new asking price, the property delivers a 5.96% current cap rate and 10.15 GRM, with approximately $111,200 in annual scheduled gross income. Renovated in 2020, the property consists of four one-bedroom units and two studios across two buildings, totaling 2,984 square feet on a 4,800-square-foot lot. Improvements include updated kitchens, bathrooms, flooring, interiors, and exterior work. The rear building is two stories with one unit on each floor. Gas and electricity are separately metered. All six units are occupied, including the recently leased final vacancy at $1,793 per month. The property offers approximately $9,480 in remaining annual rent upside based on current pro forma assumptions. At $188,167 per unit, the investment combines renovated physical condition, fully...

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Home facts

  • Year built:1924
  • Listing ID #:PW26183901
  • Added:80 day(s) ago
  • Updated:November 06, 2026 at 02:22 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:$1,129,000
  • Price per sq. ft.:$378.35
Based on information from California Regional Multiple Listing Service, Inc. as of November 10, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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