620 W 42nd Place, Los Angeles, CA, US, 90037
Basics
- Date added: Added 2 months ago
- Category: Residential
- Type: SingleFamilyResidence
- Status: Active
- Bedrooms: 2
- Bathrooms: 1
- Area: 1088 sq ft
- Lot size: 4804, 4804 sq ft
- Year built: 1921
- Property Condition: Fixer,RepairsMajor
- Subdivision Name: Strong & Dickinsons Figueroa St Tr
- Zoning: LARD2
- County: Los Angeles
- MLS ID: 25620969
Description
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Description:
**** Calling All Investors****Positioned in one of South Los Angeles' most desirable investment corridors, this property sits just minutes from USC, Exposition Park, the Coliseum, BMO Stadium, museums, transit, and the rapidly developing Figueroa/Expo area. Opportunities in this pocket don't come around often, especially with this level of upside. The home will require a substantial, top-to-bottom renovation. From systems to cosmetics, investors should anticipate a full rehab to unlock the property's true potential. For the right buyer, this becomes a rare chance to capitalize on strong rental demand, student housing opportunities, and long-term equity growth fueled by USC's ongoing expansion and the continued revitalization of Exposition Park. Whether you're building a rental portfolio or searching for your next project, this is a compelling value-add opportunity in a location where returns remain steady and consistently strong. Due to the property's condition, traditional financing will not be an option. This is a cash-only sale, ideal for investors ready to undertake a complete renovation.
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Location
- Directions: South of Martin Luther King Jr Blvd, East of Figueroa, North of Vernon Ave, West of Hoover St.
- Lot Size Acres: 0.1103 acres
Building Details
- Architectural Style: Traditional
- Open Parking Spaces: 1
- Sewer: Other
- Common Walls: NoCommonWalls
- Garage Spaces: 1
- Levels: One
- Floor covering: Carpet
Amenities & Features
- Pool Features: None
- Parking Features: Driveway
- Security Features: WindowBars
- Spa Features: None
- Parking Total: 2
- Cooling: None
- Fireplace Features: LivingRoom
- Furnished: Unfurnished
- Heating: WallFurnace
- Interior Features: BreakfastArea, CeilingFans
Nearby Schools
- High School District: Los Angeles Unified
Agent info
- Agent name: Ricardo Curtis
- Agent MLS: CLW-X66257
- Agent email: rcurtis@jclfunding.com
- Agent direct phone: 310-674-3863
Miscellaneous
- List Office Name: Jacob, Christopher & Lee Rlty