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Listed by Keller Williams Coastal Prop., Alexandro Colombo, Listing Contact: 310-978-7950 
2 Beds
4 Baths

$1,149,000

517 W 42nd, Los Angeles CA, 90037

Property typeMulti-family

Overview

Active

Listed Aug 21, 2026

Updated 8h ago

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.

$7,644/mo

Est. mortgage payment based on a $1,149,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26183901

Interior Features

Bedrooms
2
Bathrooms
4
Basement
No

Exterior Features

Lot Size
0.11 Acres

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Data last updated 12:35 AM UTC, 10/13/2026

   

 

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