Prevu by reAlpha
BuySellBlogBrowse Listings

259 W 42ND StreetLos Angeles, CA 90037

For Sale

$1,040,000

Smart Buyer Rebate $10,400

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!

Listed by Luis Amaya

·

License #01721969

·

Realty ONE Group United

·

310-415-1784

Last updated October 31, 2026

·

Source: bridgeMLS #CRSB26221064

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Central LA
  • Bedrooms5
  • Days on Prevu19
  • Size2,077 sqft
  • Price per sqft$501

Location

Mortgage Calculator

Listing History

10/12/2026
Listed by Realty ONE Group United
$1,040,000
  1. 10/12/2026$1,040,000
    Listed by Realty ONE Group United

Property Details for 259 W 42ND Street

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1930
  • Exterior Features: Other

Measurements

  • Building Area Total: 2,077
  • Lot Size Acres: 0.11
  • Lot Size Area: 0
  • Lot Size Square Feet: 4,801
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 5111018023

Interior

Measurements

  • Living Area: 2,077
  • Living Area Units: Square Feet

Rooms

  • Bedrooms Total: 5

Parking

Parking

  • Parking Features: Other

Utilities

Equipment

  • Cooling: No Air Conditioning
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 5 bedrooms in this multi-family home at 259 W 42ND Street.

How does 259 W 42ND Street compare to other multi-family homes in South Central LA?

This multi-family home is listed 11% above the average price for multi-family homes in South Central LA and has been on the market for 87 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,077 sqft.

259 W 42ND Street is a 5-bedroom multi-family home for sale in Los Angeles CA 90037. Available on Prevu for 19 days at $1,040,000. This home features 2,077 square feet of living space, located in South Central LA. The median listing price for multi-family homes in this area is $785,000. View other multi-family home listings in Los Angeles.

Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.