858-525-5007

517 42nd, Los Angeles CA 90037 | $1,149,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 4800 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1924
  • MLS#: PW26183901
  • Community: C34 - Los Angeles Southwest

Listing provided courtesy of Alexandro Colombo of Keller Williams Coastal Prop.. Last updated 2026-09-26 08:10:59.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.11 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985