For Sale
$1,149,000
517 W 42nd
Los Angeles, CA 90037
- 4,800 sq ft lot
- Built 1924
Listed by: Keller Williams Coastal Prop. · 310-978-7950
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.
Home details
Interior
- Laundry
- None
Exterior & lot
- Lot size
- 4,800 sq ft (0.11 acres)
- Lot features
- 6-10 Units/Acre
- Pool
- None
- Garage spaces
- 0
- Common walls
- No Common Walls
Property & community
- Property type
- Apartment
- Year built
- 1924
- Community
- Street Lights, Urban, Sidewalks
- County
- Los Angeles
- MLS #
- PW26183901
- Listed
- Aug 21, 2026
Location
Listed by: Keller Williams Coastal Prop. · 310-978-7950
Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.
Listing data last updated Oct 11, 2026 3:30 am.
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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.