57
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$1,040,000
Est. payment /mo
5 Beds
5 Baths
4,801 Sqft Lot
New
259 W 42ND Street Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26221064
Bedrooms 5
Lot Size 4,801 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
RARE OPPORTUNITY TO OWN A FULLY VACANT, EXTENSIVELY RENOVATED FOURPLEX IN LOS ANGELES! An exceptional opportunity to own a beautifully remodeled fourplex with all four units delivered 100% vacant! This turnkey property has undergone extensive renovations, including a brand-new roof, updated plumbing and electrical systems, new windows, fresh stucco, and thoughtfully upgraded interiors throughout. One of the standout units is a beautifully appointed 2-bedroom, 1-bathroom residence, ideal for an owner-occupant, featuring stylish slim shaker cabinetry, elegant Taj Mahal countertops, and thoughtfully selected modern finishes. Enjoy the comfort of a newly renovated home while renting out the remaining three units to help offset your monthly mortgage payments. For investors, the rare combination of complete vacancy and extensive capital improvements presents an incredible opportunity to establish market rents from day one, without the complications of inherited tenants or costly renovations. The significant upgrades offer peace of mind and minimize anticipated near-term maintenance expenses. Whether you're looking to house hack by living in one unit and generating income from the other three, or seeking a turnkey multifamily investment with strong rental potential, this property offers exceptional flexibility and long-term upside. Four vacant units, extensive renovations, and the opportunity to live in style while your rental income helps pay the mortgage. A rare find in the Los Angeles market!
Location
State CA
County Los Angeles
Zoning Assessor
Direction SOUTH ON MAIN, TURN LEFT ON 42ND ST
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5111018023
Acceptable Financing Cal Vet, Cash, Conventional, FHA
Listing Terms Cal Vet, Cash, Conventional, FHA
Listed by Luis Amaya, DRE#01721969 Realty ONE Group United
NEARBY SCHOOL & BUSINESS
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